CREDIT CARD SECURITY

Much have been said about credit card security on the Internet. The basic issue is whether "hackers" are able to crack encrypted codes and stealing credit card numbers while those encrypted numbers are sent over the Internet. In reality, we could probably think of countless of other simpler methods to steal credit card numbers than to break encrypted digital codes over phone lines.

However, to create a conducive and safe spending environment, transaction security could be critical in the customer's decision to plonk down their credit cards.

The miminum set of security: SSL Security

What is SSL Security? Basically, when a person using Netscape Navigator or Microsoft Internet Explorer browser connects witha Web site which runs an SSL Secure Server, all the information transmitted by the customer is scrambled and encrypted.

You will notice that whenever you are connected to a secure server, you will be connected to a URL (web address) that begins with "https://" and not the typical "http://". In order to ensure peace of mind for your customers, Cyber Village Online will assist you in setting up your SSL secure server.

Many will still ask: Can this code be broken? Quite definitely, but as Ralph Wilson, an expert in Web Consulting has mentioned, "Crooks that smart aren't out there collecting credit card numbers. They're breaking into Swiss bank accounts".

The future of E-Commerce: SET 1.0

SET or Secure Electronic Transaction is currently being tested by the major credit card companies such as Visa and Mastercard and supported by Microsoft and Netscape. This new security protocol takes security a step further than the SSL - being that your credit card number will be encrypted so that no one can read it - not even the merchant. Only the bank or the relevant credit card service will have the decryption code. Hence, in the future e-commerce transaction processes, your credit card information will be completely safe from the prying eyes of hackers and conmen.