Merchants additionally threat fraudulent purchases if prospects are using stolen bank cards or fraudulent repudiation of the web purchase. However, retailers face less threat from physical theft by utilizing a warehouse instead of a retail storefront. Secure Sockets Layer encryption has generally solved the issue of bank card numbers being intercepted in transit between the consumer and the service provider. However, one should nonetheless belief the service provider not to use the bank card info subsequently for their own purchases, and not to cross the data to others. Also, hackers might break right into a product proprietor’s website and steal names, addresses and credit card numbers, although the Payment Card Industry Data Security Standard is meant to minimize the impact of such breaches. A variety of high-profile break-ins in the 2000s has prompted some U.S. states to require disclosure to shoppers when this happens.
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