Are you concerned about the possibility of your credit card or personal data being stolen while shopping online? You’re not alone. Each holiday season, millions of shoppers turn to online shopping for its convenience, and unfortunately, hackers take advantage of this surge in activity. The Federal Trade Commission (FTC) has warned that scammers often create fake shopping websites and phishing emails to steal consumers’ money and personal information, especially during the holidays.
If you’re planning to shop this holiday season, now is the perfect time to enhance your online security. Two simple tools—password managers and virtual cards—can significantly improve your safety. But how do they work? This article will explain how to use these tools for a risk-free online shopping experience during the holidays.
Why People Prefer Password Managers and Virtual Cards for Online Shopping
Shopping online is quick, easy, and often cheaper than going to physical stores. However, it comes with security risks. Many people now use password managers and virtual cards to ensure safer transactions.
A password manager generates and stores complex, unique passwords for each of your accounts. This significantly reduces the risk of unauthorized access and theft. The Cybersecurity and Infrastructure Security Agency (CISA) recommends using password managers to minimize password reuse and protect sensitive information from hackers.
Virtual cards also provide an additional layer of security when shopping online. Although the card numbers are linked to your actual credit or debit card account, merchants do not see your true card details. This helps protect against identity theft and financial fraud.
Tips for Using Password Managers and Virtual Cards for Zero-Risk Holiday Shopping
Before you start adding items to your cart, the safety of your money comes first. Here are smart ways to use these tools to improve online security during the holidays.
Choose a Reputable Password Manager
Select a trusted provider with strong encryption and a solid reputation. Popular options include 1Password, Dashlane, LastPass, and Bitwarden. Fake versions are everywhere, so make sure you only download from the official website or app store.
Create a Strong Master Password
Your master password protects all your other passwords and should be the most secure. “Secure” means making it unusual and not something that can be guessed. You can achieve this by combining letters, numbers, and special characters.
Turn On Two-Factor Authentication (2FA)
2FA adds another protection step by requiring two verification steps. Besides your password, you can choose to receive a verification code on your phone. Even if hackers steal your password, they can’t access your account without your verification code.
Generate Virtual Cards for Each Store
Set up a separate virtual card for each online retailer, many banks and payment apps offer this feature. That way, if one store is compromised, only that temporary card is affected, your main account stays safe.
Track Expiration Dates and Spending Limits
Virtual cards often expire after a set time or after one purchase. This is good for security, but make sure your card is valid before placing an order. Set spending limits as well, as this helps with holiday budgeting and prevents unauthorized charges.
Shop Only on Secure Websites
Be sure to purchase only from websites you are familiar with. Don’t shop from any link in an advertisement or email. You may end up on phishing sites that target your information. The URL of a safe site starts with “https://.”
Also, pay attention to data encryption. Look for the padlock symbol on your browser address bar. This indicates that the site has employed SSL/TLS encryption, which encrypts data as it is passed between your device and the site.
Common Mistakes to Avoid for Safer Online Shopping
Even with the best security tools, simple mistakes can put your data at risk. Developing strong security awareness is key to safer online habits. Here are some common pitfalls to watch out for when shopping:
Reusing Passwords
One hacked password can put all your accounts at risk. Keep them safe by using a different password for every site, your password manager makes it easy.to generate and store strong, distinct passwords for each one.
Using Public Wi-Fi for Shopping
Hackers can easily monitor public Wi-Fi networks, making them unsafe not just for shopping but for any online activity. To protect your data, avoid using Wi-Fi in coffee shops, hotels, or airports for online shopping. Instead, stick to your mobile data or a secure private network.
Ignoring Security Alerts
Many people overlook alerts about unusual activity but ignoring them can be risky. If your bank, password manager, or virtual card provider alerts you to suspicious activity, act immediately. Follow their instructions to protect your data, for example, changing your password and reviewing recent transactions for any signs of fraud.
Saving Card Details in Your Browser
While browsers allow card information to be saved, it is less secure than virtual cards. If hackers access your browser, your saved cards are compromised.
Shop Smarter and Safer This Holiday Season
The holiday season should be focused on celebration, not on worrying about hacked accounts or stolen card details. Utilizing tools like password managers and virtual cards can help you regain control of your online shopping security. These tools simplify password management, protect you from phishing scams, and offer additional defense against cybercriminals.
As you search for the best holiday deals, be sure to include security as part of your shopping checklist. The peace of mind that comes from being secure is the best gift you can give yourself.
Need assistance in improving your cybersecurity before the holiday rush? We can help you safeguard your data with smarter, user-friendly security solutions. Stay safe, stay secure, and shop online with confidence this season. Contact us today to get started.