Kaspersky Lab: The online markets are becoming more and more popular, but may not always have the desired end for users. Recent research by Kaspersky Lab and B2B International found that 41% of European users lost money in cases of fraud in online transactions failed to get back all or even part of the amount lost.
Although many financial institutions declare willing to return money lost due to digital crime, as soon as 59% of Europeans reported that they were able to fully reimburse their financial losses. 4% of the victims in Europe received only partial compensation, while 27% did not get anything back. These losses can be significant as the average amount of money stolen by digital criminals was $ 313, while 16% of respondents reported losses above $ 1.000.
This situation is exacerbated by the fact that not all users are fully aware of the existence of the risk of digital fraud. Specifically, 16% of respondents in Europe believe that online crimes and money theft are rare incidents that will not happen to themselves. At the same time, only 22% is afraid that it may be a target of a digital attack. However, statistics show that about 27% of European users have experienced financial digital threats at least once during the previous year.
“Even if one is sure that the financial company or the electronic store will return the stolen money in case of online fraud, we should all be careful. There may indeed be full compensation, although evidence suggests that this occurs in just over half of cases. In any case, however, losts time and stress are not compensated. That is why it is important to pay special attention to the protection of confidential information, including financial data," said Elena Kharchenko, Head of Consumer Product Management at Kaspersky Lab.
Consumers can use solutions to help them protect their data and money. For example, the Kaspersky Internet Security - Multi-Device 2015, by Kaspersky Lab, in addition to basic tools against digital threats, also includes the integrated Safe Money technology for Windows operating systems. This technology was specifically developed to provide additional security for online transactions. When a user accesses a payment service or is ready to make a purchase from an online store, Kaspersky Lab's Safe Money technology authenticates by clicking heres, juxtaposing it with a database in the cloud. At the same time, it ensures the protection of information entered through a "virtual keyboard" solution, which prevents interception by keyloggers.
