Online security has advanced a great deal in the past ten years or so. Online merchant solutions have taken the best advantage of this advancement in technology by allowing many online businesses to take advantage of the convenience of accepting payments online and delivering goods to their customers without actually meeting them.
However, as with every positive point to any development there are a few negatives as well. Though merchant transactions on the internet has improved to prevent online theft, popularly referred to as cyber theft, there are gurus in the field of software development who would rather lend their expertise and knowledge to hacking or breaking into online businesses and online payment processors to steal and plunder.
Many online merchant establishments have experienced their digital products, such as PDF files, music, video and what not being downloaded by cyber criminals who have somehow managed to circumnavigate their secure payment gateways, thus causing a loss to the online merchant establishment.
Many online payment processors have also experienced theft by people breaking into their clients accounts and transferring cash online....
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