WebMoneyInside.com

Over 2 million Americans have been victims of internet identity theft within the recent year and 70% have used online banking to pay bills and transact business. More than 50% say they’ve been targeted by Internet identity theft perpetrators through e-mail that usually installs malwares in the form of keyloggers in your computer.

Doing transactions online not only speeds up transactions but generally makes things easy, but what should be done if threats of identity theft looms above? When you decide to go paperless and transact business and banking online, ensure that you are monitoring all your accounts at least once a week, so that any abnormal activity can be spotted at once and moves to resolve such can be done at the soonest possible time, this can help decrease the risk of identity theft and also ensure that you have commercial identity theft.

Internet identity theft will eventually slow the growth of e-commerce and e-banking many experts predict. It seems that people will start looking for alternative ways to transact business as many users have come to realize the risks involved in doing paperless transactions including but not limited to account hijacking. As keyloggers are getting installed in personal computers sometimes by merely by accessing or visiting a website, more and more individuals are becoming wary but  to the rest of those who still prefers to use the internet, will just have to be more aware.

Yes identity thieves are becoming more aggressive but even as this is the case, more and more Americans are also aware and vigilant, only about 5% of them still open scam emails, most, since being so used to receiving such, don’t bother to open these types of mails anymore.This is a smart choice. Never open any email from companies, especially financial institutions likes banks and credit card,  if you didn’t send them any email in the first place, for this may not only wish to direct you to phishing website but may also download and install commercial identity theft in your pc to  monitor your keystrokes and gain your personal information.

A FIFTH of Internet identity theft victims have clicked phishing e-mails, downloaded and installed keyloggers on their personal computers and inadvertently gave out personal information to identity theives. These identity thieves not only target and attack individuals but they also find pleasure in attacking big financial institutions and e-payment services including paypal have been in constant attack by these phishers. Many have become victims, don’t be one of them.