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Preventing Online Fraud

10 Nov

Computers have become the main working partner in all institutions. Banks do their transactions online, which has given the thieves free access to our accounts. Online frauds are increasing day by day. Credit card payments which are made online have made identity thefts easier. Businesses are dependent mainly on their customers, buyers and shareholders. All their details are stored in the computers, but when it becomes risky to their identity people are doubtful in doing business with that particular company.
Money and identity can be saved from such situations by following a proper security system. Giving the customers ID cards and complex passwords helps but the customer has to carry the ID proof everywhere. In order to help the IT companies and Banks to have an easier security system The PhoneFactor offers a cost effective method of 2 Factor Authentication. Users are very much satisfied with their
Smart Card because it is easy to carry and there are no complex pass words. You just need a telephone and a pass word. The IT people find it better than other services as it provides better security to its employees , customers and partners. Thousands of websites work securely with PhoneFactor as it protects your remote access, internet login passwords and e-mail. They are FFIEC and PCI DSS compliant. When there is a fraud they alert you about it.
The company was founded in 2001 and they help banks and IT companies by providingBiometric Authentication Service

 
 

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