Keep Hackers At Bay – Take A Look At Payza Frauds Prevention Matrix

Every year cyber criminals come up with a variety of new techniques to attack websites. Heartbleed, Shellshock, Poodle, Rosetta Flash are names used for hacking techniques that have been used in recent years often to devastating effects. Even some of the most popular global websites have not been able to save themselves from hackers leading to loss in user data, credit card information and most importantly a loss of face. Thus security teams are constantly kept on their toes to deal with fraudsters.

Hacking Emails

One of the most common techniques used by hackers is to send out spam emails to thousands of users. Usually, dormant email accounts are hacked and used to send out the spam emails. The emails try to solicit personal information from users also referred to as phishing attacks. Sometimes cyber criminals intercept email exchanges and misuse the information for example payment information could be used to steal money. Most payment processors have specialized teams to identify such attacks. Payza, for instance, uses a proprietary Payza Frauds prevention Matrix to secure its systems and users and prevent online payment frauds.

Email hacking has been on the rise and one has to be careful when dealing with email. If you are not able to login to your email account, your email information is changed, inbox data is deleted, you are not receiving expected emails or logins are from unfamiliar locations then most probably your email has been hacked and you should immediately notify the service provider.

Security For Businesses

If you are carrying out business online then cyber security should be one of your prime concerns. Making your payment system safe and keeping customer data secure can help you make your business a success.

To make your payment process safe and seamless for your customers use the following protection methods:

  • SSL (Secure Socket Layer) encryption reduces the chances of the data being intercepted. If you use SSL, a padlock sign will appear next to your site’s URL. This lets the customer know that his data is encrypted and secure.
  • CVV verification – This 3-4 digit code provided at the back of a credit or debit card provides an extra layer of validation.
  • AVS (Address verification system) – AVS requires shoppers to enter their billing address when they use a card for payment. The address entered on your e-commerce website and the current billing address with the credit card company are cross-checked before the transaction is approved.

In this way, businesses can use various means to keep hackers at bay and provide their customers a superior and secure experience.


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