Kids Using Parents Credit Cards Online

CPP, the online identity protection company havefamiliarise themselves with safe internet use and
warned parents that they might be at risk of identityensure that their children are not revealing their
fraud due to their children secretly using their creditpersonal details to anyone unnecessarily online.
cards for online purchases, subscriptions and games.While it is clear that it is not possible to watch children
Regulated by the Financial Services Authority, CPP24/7, it is possible to keep a close eye on your credit
carried out an extensive survey which shockinglycard and only allow it to be used on reputable sites.
revealed that around 23 per cent of children haveThat is not to say that online purchasing should be
secretly used their parents credit card online.ruled out, as it is often cheaper, more convenient and
In addition, they found that a massive 77 per cent ofoffers more choice than the high street, it is simply
children in the UK use the internet completelywise to do your research before making or allowing
unsupervised.others to make an a online purchase.
This can put the parent at huge risk, as youngerExperts advise that if a website is secure and it is
people are often not aware or are at least less awaresafe to enter your credit card details, the web address
of the risks of identity fraud.should start with https:// instead of The 'S' indicates
According to the research, children are much morethat the site is secure and your details will be safe.
likely to post credit card details recklessly and takeCiti Group has this advice for safe online credit card
much less persuasion to part with vital personaluse:
information.1. Check for your browser's symbol, such as a padlock
If they are using their parents credit cards this canor key, indicating you're on a secure site
mean that the sensitive personal ID authentication2. Look for privacy statements on each merchant
details of their parents are left vulnerable to phishingwebsite to learn what information is being collected
and identity fraud attacks.and how it will be used
CPP and the Financial Services Authority urge parents3. Review Citigroup's Information on Privacy as an
to keep a close eye on their child's internet use andexcellent example
when they give permission for their children to use their4. Get referrals from your friends on their favorite
credit card online to ensure that It is being used on ashopping websites
trustworthy site.5. Check with your state/local consumer agencies or
Michael Lynch, CPP fraud expert commented: "Theythe Better Business Bureau before buying if you don't
are putting up credit card details and home addressknow the merchant
details on the internet which can be used by6. Look for customer feedback on the merchant's
fraudsters, whether it's through phishing attacks towebsite
either sell the data or commit fraud using their credit7. Use secure sites that encrypt, or scramble, all
card details."information until the receiver unscrambles it.
In order to combat growing online fraud, parents must