Are electronic payments safe?

I am receiving reports (OK, my wife is reading online) that electronic payments are more secure than paper checks. Here are a few links that I was able to find: The Better Business Bureau has found electronic to be safer. Mainly because most ID theft was by someone knows to the victim. Also, because electronic payments require the user to access their account online more frequently, the damages were less because the theft was caught sooner. Here is the complete article. Most of the articles I find online reference one study from this company: The following article looks at victims of ID theft and correlates the information. It appears that the most prevalent form of ID theft is the opening of a credit card in the victimís name. The prevalence of a thief taking over a checking account is rather low.

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