While most of us shudder at the thought of having our personal information compromised, more than six in 10 (64%) of U.S. credit or debit cardholders say they’ve saved their card numbers online or in mobile apps, according to a study from Bankrate.com.
Why are people so quick to enter their personal information and hit save when shopping online? Well, aside from the obvious answer, which is that it’s convenient, it also seems many online shoppers either don’t properly weigh the risk or don’t know they’re making themselves vulnerable to hackers.
Data breaches, unfortunately, happen far too frequently. When a company you’ve entrusted with your confidential information is hacked, your payment details are vulnerable to fraudsters to collect and misuse.
As you never know when your information will be part of the next batch of accounts compromised, take the extra measure and manually input your payment information when you make a purchase online, but don’t elect to save them.
