Online hacking of credit card information is an abomination arisen out of a phenomenon that has otherwise done only good for the betterment of mankind.
Purchasing products and services on the internet using credit cards has always been dicey for most people since the early days of the internet. While the internet has evolved, bringing new and improved security measures, the danger of online hacking still lurks. And the trouble with online hacking is that the perpetrators of online hacking are always a step ahead; they discover a fault or a security hole in a system and exploit it to gain unauthorized access to information. When the fault is discovered, they are filled up, leaving online hacking experts to look for other fault lines; and they usually do find them. When it comes to online usage of credit cards, the ramifications of identity theft, even without considering the potential financial loss, are huge. Your credit card leaves an electronic trail of purchases and anybody stealing the credit card details could effectively be using it for something illegal in your name. 
The situation might seem hopeless and you may think that there’s not much you can do short of vowing never to use your credit card online, but that is drastic, unnecessary and inconvenient. Sure, some online merchant sites have other payment options too, but the credit card still remains the most widely offered option. Not using a credit card online is likely to prevent you from availing the awesome deals and sales you can participate in on the internet shopping sites. There are, however, ways and means to improve your defenses against online hacking.
Protecting your Credit Card Information from Online Hacking
The first thing you need to check, when shopping online with a credit card, is to ensure that you’re always on a secure page. Online merchant sites often use a high level of on-page encryption to render their pages secure, so that the sensitive information your provided may not be intercepted. This, however, is unlikely to protect you if you have malware such as keyloggers installed on your system, which is one way that perpetrators of online hacking gain your information. Therefore, using anti-virus as well as anti-spywate software is essential. Another trick that you may be subjected to is through phishing emails. It works like this: you get an email that seems to be from your credit-card company or bank, and everything looks like the real deal. The mail would request you to click on a link which would also look a genuine page of the bank or credit card company. This page, however, is a phishing page, one way of online hacking, that would ask you for your password, credit card number or some other sensitive detail (and you wouldn’t suspect a thing because it seems natural for the page to ask this information). This method of online hacking literally tricks you into giving away your own details. So be careful of any email claiming to be from your bank-salsh-credit card company-slash-online payment processor; doubly so if it contains a link to click on. Always access your bank site or any financial transaction site directly by typing the address into your online browser, the old fashioned way.
Virtual Credit Cards to Fool Online Hacking
Using a payment processor such as Paypal is also a good way to protect yourself while shopping with a credit card online. You’re furnishing your information to only one site (Paypal, in this case) which then proceeds to make payments to the sites you do your purchases from, thus limiting risk by limiting online exposure of your data. The downside is that while these payment processors have a good coverage of online merchant sites to provide you the service, there are still an awful lot of sites which wouldn’t be covered by your payment processors. You see, all processors don’t work for all websites or, for that matter, for all geographical locations.
Using virtual credit cards is another alternative to using credit cards online. These cards eliminate the risk involved in your online credit card transactions by giving you single time useable credit card numbers that can only be used online, and only be used once. Contact your credit card company to know more of these facilities that would help you shop online with your credit card.
Keep watching this space for cyber-security tips and tricks to protect yourself from the dangers of online hacking, whether for credit card information or otherwise.

