Biggest security risks to online stores

In the world of eCommerce, where the virtual marketplace is the playground, the stakes are high, and the risks are aplenty. While the internet has opened up unprecedented opportunities for businesses, it has also paved the way for a new breed of threats. As the eCommerce landscape continues to expand, so too does the list of security risks. In this blog post, we’ll delve into the biggest security risks that online stores face. As you embark on your eCommerce journey or seek to fortify your existing online store, understanding these risks is not just crucial – it’s imperative.

 

Payment Fraud

As online transactions become the norm, the specter of payment fraud looms large. Fraudsters, armed with sophisticated techniques, attempt to exploit vulnerabilities in payment systems. From stolen credit card information to unauthorised transactions through accounts taken over by cybercriminals, the world of eCommerce is a lucrative target. To safeguard against such threats, online store owners must invest in robust encryption, regularly update their payment gateways, and employ multi-factor authentication.

 

Web Application Attacks

Web application attacks seek to exploit vulnerabilities in the software you have installed on your website. Common threats include cross-site scripting (XSS), SQL injection and cookie poisoning. You should also be wary of remote command execution, where a vulnerable application is used to carry out arbitrary commands on an operating system. Regular security audits, timely patching of software, and implementing secure coding practices can help fortify your online store.

 

DDoS Attacks

Distributed Denial of Service (DDoS) attacks can bring an online store to its knees, rendering it inaccessible to legitimate users. These attacks flood a website’s server with an overwhelming amount of traffic from compromised devices, causing it to crash. Investing in DDoS mitigation tools and services is essential. A proactive approach involves configuring your firewall, using a cloud-based provider to distribute website assets across multiple servers and employing traffic filtering mechanisms to distinguish friend from foe in the digital torrent.

 

Malware

Malicious software, or malware, comes in various forms. Trojans sneak in undetected, disguised as valid pieces of software, while ransomware holds your data hostage for purposes of extortion. Many other malware strains can wreak havoc on your online store. Regular malware scans, up-to-date antivirus software, and employee education on safe online practices form the first line of defence against these threats.

 

Phishing

Phishing is a cunning tactic to extract sensitive user information or introduce malware into unsuspecting systems. Often hiding behind innocuous emails, text messages, or even phone calls, phishing attempts aim to trick users into divulging sensitive information or unknowingly downloading malicious code. Training your team to recognise phishing attempts and implementing email verification protocols and stringent password policies can help protect your business from phishing.

 

E-skimming

E-skimming operates in the shadows, silently stealing digital wealth. Hackers inject malicious code into payment processing pages, capturing credit card data as users input it in real time. Cybercriminals often gain access to eCommerce websites through successful phishing attempts, cross-site scripting, or third-party compromises. To protect your online store from e-skimming attempts, you should always keep your webserver code up-to-date, regularly audit your site’s code for skimming scripts and closely monitor all your third-party eCommerce providers.

 

Wecommerce Digital is a digital marketing agency specialised in in Ecommerce website developmentEcommerce SEO, PPC management and content marketing. We have over 10 years experience developing Ecommerce websites and building digital marketing performance from zero to hero! If you want straightforward, honest, and measurable results as well as the opportunity to learn how they were achieved, visit our website today at wecommercedigital.com.

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