The Internet has opened up a whole new world. It has made the global community smaller and introduced us to things to which we might have never been exposed. It has also made things more convenient. Now, we can buy groceries, airline tickets, movie tickets, prescriptions, books, clothes, etc. online at anytime of the day and any day of the week. We can check the status of loans, back accounts, or find a long lost friend. But, with all these great features comes a whole host of new problems.
If a consumer wants to purchase a product online, they have to submit their credit card number into the vast cyberspace. And if someone wants to check their finances on their bank's Web site, they have to use a user ID and password to log on. Then they will have access to all their personal finance information. Both uses of the Internet are convenient and easy to use, but there is the concern that a computer hacker or criminal will be able to gain access to their important personal information.