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Create a Virtual Credit Card for Safe Cyber-Shopping

Shopping is a year-round activity, of course, but during holiday season, it’s done at an industrial strength level.

That sort of high volume means there’s ample opportunity to have items and/or tasks fall between the cracks. Like monitoring our spending.

 

This means it’s advisable to be more diligent as to who’s monitoring us.

There’s a host of logical reasons given as to why online shopping statistics continue to explode, virtually all based upon convenience:

More often than not, the most efficient means of online payment is via the original electronic token, credit cards.

 

However, in these times of data breaches — both sinister and stupid — it’s never been more important to take measures to protect what you’ve earned.

Hacking has become so sophisticated that if a breach of either sort occurs, there are bots that can discover and mine it within 20-30 minutes. That’s usually faster than the data source being hit can receive an alert and repair it.

 

With this in mind, the least secure method of online payment is your debit card for the simple reason that it provides a direct line to your bank account.

Hackers sometimes go for the big kill by draining your funds to the debit card’s limit. Other times, they’ll deploy perniciously subtle practices to bleed your account over time by slipping in an innocuous series of ghost payments such as an installment for an item you never bought or a subscription you never ordered.

If you don’t catch these, the hacker’s got a source of recurring income for quite some time.

You’ll be better protected by using a credit card.

 

There’s no absolute means to totally insulate your data, but even bots are inclined to follow paths of least resistance. Thus, it’s worth your consideration to drop a hint that they should look to make trouble somewhere else.

One of the surest methods of improving your security is to add layers of protection that won’t slow down your ease of access. For example:

 

Add Capital One to Bank of America and Citibank as major financial institutions offering virtual credit cards.

Privacy.com is a free app that allows you to create a virtual credit card for every outlet, if you so desire. It also can be switched over to multi-use mode:

Keep in mind there’s one major drawback to virtual credit cards.

If you laid it down in burner mode — one time only — it may be difficult to verify your purchase if you want a refund or make a return.

A simple alternative to virtual cards if it doesn’t cause issues with your personal bookkeeping system — eg- one card for business expenses, another card for personal expenses, etc — is to dedicate just one low-limit credit card to online purchases and be vigilant about checking the statement each month.

 

As always, do sufficient research before making a decision.

After all, it’s your money, and a bit of extra precaution can make sure you keep it that way.

Shopping is a year-round activity, of course, but during holiday season, it’s done at an industrial strength level.

That sort of high volume means there’s ample opportunity to have items and/or tasks fall between the cracks. Like monitoring our spending.

 

This means it’s advisable to be more diligent as to who’s monitoring us.

There’s a host of logical reasons given as to why online shopping statistics continue to explode, virtually all based upon convenience:

More often than not, the most efficient means of online payment is via the original electronic token, credit cards.

 

However, in these times of data breaches — both sinister and stupid — it’s never been more important to take measures to protect what you’ve earned.

Hacking has become so sophisticated that if a breach of either sort occurs, there are bots that can discover and mine it within 20-30 minutes. That’s usually faster than the data source being hit can receive an alert and repair it.

 

With this in mind, the least secure method of online payment is your debit card for the simple reason that it provides a direct line to your bank account.

"Better

Hackers sometimes go for the big kill by draining your funds to the debit card’s limit. Other times, they’ll deploy perniciously subtle practices to bleed your account over time by slipping in an innocuous series of ghost payments such as an installment for an item you never bought or a subscription you never ordered.

If you don’t catch these, the hacker’s got a source of recurring income for quite some time.

You’ll be better protected by using a credit card.

 

There’s no absolute means to totally insulate your data, but even bots are inclined to follow paths of least resistance. Thus, it’s worth your consideration to drop a hint that they should look to make trouble somewhere else.

One of the surest methods of improving your security is to add layers of protection that won’t slow down your ease of access. For example:

 

Add Capital One to Bank of America and Citibank as major financial institutions offering virtual credit cards.

Privacy.com is a free app that allows you to create a virtual credit card for every outlet, if you so desire. It also can be switched over to multi-use mode:

Keep in mind there’s one major drawback to virtual credit cards.

If you laid it down in burner mode — one time only — it may be difficult to verify your purchase if you want a refund or make a return.

A simple alternative to virtual cards if it doesn’t cause issues with your personal bookkeeping system — eg- one card for business expenses, another card for personal expenses, etc — is to dedicate just one low-limit credit card to online purchases and be vigilant about checking the statement each month.

 

As always, do sufficient research before making a decision.

After all, it’s your money, and a bit of extra precaution can make sure you keep it that way.

"Better

Kjell Sherman, Manager – The Norra Ljusen Trust

Norra Ljusen — pronounced norra YOU-sun — is Swedish for Northern Lights.  My name, Kjell, is pronounced shell to English speakers.

You can view a short video about how I entered the exciting world of online entrepreneurship on the home page of our Better Life Focus site. It’s dedicated to motivated marketers and provides trending Dot Com news, information, and entertainment for motivated entrepreneurs who commit to take action in their quest to reclaim their time by becoming and remaining financially independent via e-commerce.

If you’re committed to online success, we’d like to welcome you to the Dot Com lifestyle!

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Tik Tok Is an AI Company

The commodity that’s just possibly China’s most popular export du jour continues to sail right through global borders with very few giving it a second thought.

And why not? The Tik Tok app is all about fun in 15-second bursts.

This means fun for ByteDance, too, which is the company that created and owns it. With their app’s success, its current valuation is hovering around $75billion, clearly making ByteDance one of the largest private tech firms in the world.

 

As a ubiquitous platform riding the trending wave, Tik Tok’s next overt objective will be turbo-charging its monetization, mostly via ads and content creators who can generate a following.

In addition to those revenue streams, add another … the same one that’s scarred Facebook to a significant extent and yet to which it still seems oblivious.

This is the activity that’s becoming a concern with Tik Tok, as there’s more to the app than being a mere purveyor of cuteness.

 

First and foremost, ByteDance doesn’t refer to itself as an entertainment enterprise. Instead, it’s into gathering as much data as possible for the purpose of conducting endlessly refined analyses and programing a reaction.

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Ostensibly, this helps the app tailor the content it shows to each user according to personal preference as inferred by that user’s ultra-harvested data. Of course, the American Big Tech juggernauts also do this to varying degrees, but there’s a subtle distinction that looms over this platform.

Here’s how the New York Times describes Tik Tok:

Apparently you just … show [users] things and let a powerful artificial intelligence take notes.

Being real, that is what an AI company does, and that’s what ByteDance openly says it is. No facade whatsoever.

 

Since being busted for hacking kids’ data, ByteDance has claimed to tighten its privacy policies. However, as history has shown again and again, words can be cheap when a political machine in power is strong.

And therein lies the distinction.

Having run afoul of the Chinese government once — resulting in some of its other popular apps being shut down — the company has had its shot across the bow. Who really believes now that if government agents come calling, ByteDance is gonna refuse to accommodate them?

This Christmas, give the TikTok user in your life the gift of knowledge. (Data stored in China is at the disposal of the government.) https://t.co/wnHYHkodEt pic.twitter.com/vLg4VPxetH

— David Carroll (@profcarroll) December 24, 2018

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AI is ensconced in society’s present and will only become more prominent in its future, making various tasks in life more efficient and convenient.

Sometimes, though, those factors can be the equivalent of a double-edged sword, and Tik Tok appears to be a prime example of wielding the cutting edge of both sides.

 

And doing it in broad daylight.

It’s inevitable that in the not-too-distant future, online entrepreneurs are gonna be subjected to a rash of offers claiming to show them how to profit from Tik Tok. That’s par for the course in this business.

However, this time, they’d be well-advised to understand who they might also be dealing with and the stakes involved.

"Better/p>

Kjell Sherman, Manager – The Norra Ljusen Trust

Norra Ljusen — pronounced norra YOU-sun — is Swedish for Northern Lights. My name, Kjell, is pronounced shell to English speakers.

You can view a short video about how I entered the exciting world of online entrepreneurship on the home page of our Better Life Focus site. It’s dedicated to motivated marketers and provides trending Dot Com news, information, and entertainment for motivated entrepreneurs who commit to take action in their quest to reclaim their time by becoming and remaining financially independent via e-commerce.

If you’re committed to online success, we’d like to welcome you to the Dot Com lifestyle!