AIG's E-Business Division Protects Against Online Credit-Card Fraud, Privacy Breaches. (Property/Casualty).AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group eBusiness Risk Solutions, a division of the American International Cos., has rolled out two products to address the security concerns of e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. merchants. WebMerchantGuard addresses online businesses' exposure to credit-card fraud and AIG Personal Internet Identity Coverage helps businesses with online privacy concerns of consumers. Unlike their brick-and-mortar counterparts, Web merchants usually have to absorb financial losses from the fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. use of credit cards. By offering insurance protection against the risks of theft, forgery forgery, in art forgery, in art, the false claim to authenticity for a work of art. The Nature of Forgery Because the provenance of works of art is seldom clear and because their origin is often judged by means of subtle factors, art or unauthorized use of a credit or debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. in any online transaction, WebMerchantGuard provides financial relief not otherwise available to the online business. WebMerchantGuard is available to both Internet-only and "click-and-mortar" merchants. Additionally, financial institutions that manage Web merchants' financial accounts, independent service/sales organizations that process credit-card payments, application software providers that offer fraud-prevention solutions, and Internet shopping portals with preferred Web merchants may make the policy available to Web merchants using their products or services. Coverage is also available for small businesses and associations. Because identity theft and hacking See hack and hacker. incidents are on the rise, which causes apprehension The seizure and arrest of a person who is suspected of having committed a crime. A reasonable belief of the possibility of imminent injury or death at the hands of another that justifies a person acting in Self-Defense against the potential attack. about the online exchange of personal information, consumers are looking to businesses that maintain a secure environment online for their personal information, as well as a solution if their identity is stolen. AIG's Personal Internet Identity Coverage combines insurance coverage with legal defense, which can help businesses demonstrate their commitment to their customers' privacy concerns. The coverage reimburses insureds for certain expenses related to identity theft, virus circulation and physical damage to computers that occurs as a result of their personal Internet use or wireless use. Additionally, policyholders receive an identity-theft claim kit and access to a toll-free help line to report the event to all required agencies. |
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