July 19th, 2022
Innovations in e-commerce technology—driven by online and touchless purchasing options—have invited malicious cyberattacks, including identity theft, compromised bank accounts, and ransomware. The most common of these attacks is a “man in the middle” attack that intercepts digital communication between the user’s computer and the website it is talking to. Many sites still do not purchase security certificates verifying the site’s owner and employing encryption for financial transactions. Another common way of credit card information theft is scanning devices that attach to PIN Pads at gas stations, ATMs, and stores.