UK cyclists hit by fraud after online purchase at website

[Jack]

A security breach at popular UK-based biking site chainreactioncycles.com has been linked by victims to multiple instances of fraud.

Various bike enthusiast forums are alive with complaints (here and here) from customers of the site, several of whom are reporting unauthorised charges on their credit or debit cards. The majority of fraudulent transactions reported seem to involve mobile phone top-ups to either Vodafone or O2, typically two transactions valued at £15 or so for a total fraudulent amount of £30. However, a small percentage of victims have been taken for thousands of pounds.

More details - link

 

[LoftedAphid86]

This is why more sites should allow their main purchases to take place on more secure websites such as PayPal or Google Checkout.

 

[LaserWraith]

I agree with elliotcroft. I think sites like PayPal decrease the risk of having your credit card stolen.

 

[Jack]

This is why more sites should allow their main purchases to take place on more secure websites such as PayPal or Google Checkout.

Agree use a site specializing in online transactions, reduce fraud risks.Nevertheless Chain Reaction should better secure their website since they are dealing with people's money... I mean a "bad guy" could just as easily breach their site and redirect their users to a fake PayPal page .. like "www.paypall.com" and scam them...
It's good to read that all the scamed people got their money back.

 

[Jack]

Updated : A suspected security breach at popular UK-based biking site chainreactioncycles.com has been linked by victims to multiple instances of fraud.