A recent study from Accertify found U.K. shoppers purchasing from online stores will switch brands if they have a negative experience with their transaction, as more shoppers are concerned about cyberattacks and identity theft online.

According to a recent study conducted by PayPoint.net for the Centre for Economic and Business Research, criminals will cost the U.K. economy approximately �30million by 2015.

The York Press reports that no fewer than 1.8 million people in the UK are victims of ID fraud each year, according to the National Fraud Society.

Sky News reports that cyber crime is costing U.K. citizens more money than they may realize.

Selecting a payment gateway for a transactional small business website involves adhering to strict Payment Card Industry Data Security Standard (PCI DSS) guidelines that can help companies avoid fines or legal action, according to the Times Dispatch.

According to the website Security Park, employees who complete work at locations outside of the office subject themselves to credit card security risks.

PCPro reported earlier this month that credit card fraud has dropped by 22 percent since 2009.

Although online shopping is one of the safest and most convenient pursuits that many Brits engage in these days, there are still some scammers looking to take advantage of those who are new to the business of ecommerce.

One reason that some consumers are hesitant to embrace online shopping is because they worry that making purchases over the web might expose their personal data to thieves and hackers.

Credit card fraud is, fortunately, an unlikely crime.