For an eCommerce website, it takes a huge effort, be it product development, quality control, marketing or optimizing the site for Google search. However, all this hard work could go in vain, if you don’t put the required effort into understanding the importance of cybersecurity and harnessing the endless benefits derived out of it. Having emerged as a global economic engine, eCommerce sites must be built on the safe and secure backbone to avoid potential risks of a security breach. To realize the importance of cybersecurity, when it comes to eCommerce websites, it is vital to understand what “cybersecurity” is. So, let us have a brief insight into the term first.
What is cybersecurity?
The very concept of cybersecurity is based on the practices of preventing unauthorized access to internet-connected devices, confidential information, data, and networks in order to exploit it or harm the brand name. Put it simply, cybersecurity is designed and meant to prevent cyber-attacks in order to maintain the confidentiality of important data, seamless business operation, and commercial integrity.
With the increasing rate of cyber-attack and the potential threat to eCommerce websites for the last few decades, the demand for cybersecurity among eCommerce businesses is growing exponentially
The increasing growth of the eCommerce industry for the last few years makes it very important for any eCommerce website to consider cybersecurity vulnerability assessment / Penetration testing! Why?
It is because the target market (a majority of consumers all over the world) is largely getting tech-savvy and relying heavily on an online purchase, making it an absolutely important factor to be considered by the businesses that are trying hard to make a mark on the internet.
The potential risk for eCommerce sites still remains due to the increasing rate of hackers / cyber criminals all around. In this article, we will discuss some of the best practices of cybersecurity that could help your eCommerce site to prevent cyber breaches.
So, without further ado, let us dig deeper into the three best practices to help keep your eCommerce site stable.
- Securing the perimeter
It is a no-brainer that perimeter security is important for online retail businesses. The importance of keeping your consumers’ personal information confidential is first and foremost for any business. Financial integrity is slowly becoming an issue as in recent times a number of websites have fallen prey to payment gateway bypass or payment amount tampering. To help your customers’ identity and information secret and seamless financial transaction a payment gateway like PayPal can be used.
- Investing in a CDN
Distributed Denial of Service attack is the biggest threat in cybersecurity right now. DDoS attack refuses authentic users to have access to a website’s product by incurring malicious web traffic. In order to deal with such an issue, subscribing to a Content Delivery Network or CDN can help by preventing the occurrence of massive traffic influx.
- Focusing on keeping the Software up-to-date
A constant update in software like Operating System, office application, Content Management System, etc. is mandatory for eCommerce sites to reduce the risks of cyber threats. To make sure of the security of whatever software you may use, allowing an automatic update can help or a manual software update once in a period of thirty days is recommended.
Now, before concluding let us give you some insider tips.
Tips on ways to help protect your customers’ information:
- Consumers’ faith
For eCommerce businesses, the sole purpose is to serve their customers with trust and integrity. Protecting their data should be the utmost priority, for which implementing the highest encryption system is necessary. To create the ground of trust and integrity, businesses are to focus on educating all of their employees to take security measures as seriously as it may.
Technologies like block-chain assure eCommerce businesses by limiting the authorization of confidential data to certain authorized personnel thus making sure of safe transactions. Implementing such technology in your business can help you keep your site facilitate safe money transactions more transparently than ever.
No matter how you securely store the data, be it in the cloud, or centralized or both, if there is weak encryption in the technology, the information still remains unprotected. The same can happen with the safest operation, especially for intertwined security systems. This is why experts suggest using a decentralized structure that prevents any malicious codes to enter. That also provides an array of security measures to choose from for eCommerce platforms in order to make sure of the security and safety of the data.
Being an eCommerce business owner, it is very important for you to make sure that the necessary steps against cyber breaches are taken and all the corporate information is safe and under regular scrutiny. This calls for continuous engagement with a cybersecurity company to provide real-time information and updates about the security landscape. In unfavorable scenario, it is very important to train your existing employees on cybersecurity aspect and make them understand the protocols about how to deal with a difficult situation when cybersecurity breach happens.
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Prevention from damage dealt to an organization’s reputation.
Investments on fixing the issues caused by attack.
Preventing confidential data and Intellectual Property being stolen
Prevention of revenue loss due to service disruption and much more.