Hidden Dangers Lurking in E-Commerce- Reducing Fraud with the Right SSL Certificate

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Research from Norton estimates the global price tag of consumer cybercrime now topping some US$113 billion annually4 which is enough to host the 2012 London Olympics nearly 10 times over. The cost per cybercrime victim has shot up to USD$298: a 50% increase over 2012. In terms of the number of victims of such attacks, that’s 378 million per year – averaging 1 million plus per day.
”Domain Validated (DV)” SSL Certificates pose a direct threat to consumers on the Internet. 

Cybercriminals frequently use DV SSL certificates to impersonate real ecommerce websites for the purpose of defrauding consumers. 

This paper will explain SSL, the different types of certificates, how cybercriminals use DV certificates to steal personal and financial data, and what can be done to thwart this tactic.

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