When you order from an online retailer, the data you provide is not protected by US...

When you order from an online retailer, the data you provide is not protected by US privacy law. Does this fact cause you to reconsider setting up an account with a stored credit card number? What is the advantage of storing the credit card number? Do you think the advantage is worth the risk? Are you more willing to take the risk with some companies than with others? If so, state the criteria you use for choosing to take the risk.

Expert Solution

Yes, as because the data we provide while online transaction is not protected by the US privacy laws it is better to reconsider the fact to set up an account with a stored credit card number because it may lead to a risk of getting cheated or hacked in the process.

The advantage o a storing a credit card number is that it gets saved and Everytime a transaction is done we do not have to provide the card number again which saves time and effort.

No, I do not feel that the advantage is worth the risk because in order to save time I cannot afford to lose my privacy and become vulnerable to potential infringements.

No, I actually do not want to take the risk based on any company because I believe that there is always a loop hole of technology and it can be penetrated with the help of this loop hole or limitation, therefore I do not want to give opportunities to potential threat that may actually affect me.

keosha answered 8 months ago

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