Security is a serious factor for any e-commerce platform.It can either make or break customer trust in your brand. Read on to learn what potential security threats your e-commerce site may face and what steps you can take to protect it.
E - commerce businesses have grown exponentially over the past few years, and the global e-commerce market is expected to be over $5.545 trillion in sales in 2022.
The growth of e - commerce has been fueled by the adoption of mobile technology, the rise of \"borderless\" e - commerce, improved payment processing and changing customer habits, and the growth of e - commerce has been further accelerated by the global pandemic. However, this growth comes at a price - an increase in cyber attacks.
E-commerce security is ensured by a set of rules known as e-commerce security. Online retailers must protect themselves from cyberattacks in the same way that physical stores invest in security guards or cameras to deter theft.
- Use Multi-Layer Security.
- Get Secure Server Layer (SSL) Certificates.
- Use solid-rock Firewalls.
- Antivirus Software.
- Obey the PCI-DSS Requirements.
Here are some practices for e-commerce security:
- Use strong, unique passwords, and make sure your customers do the same.
- Protect your gadgets.
- Defend against attempts at social engineering.
- Put in place more authentication factors.
- Keep only the necessary consumer information on file.
- Make sure your website is consistently updated.
- Authenticity: verification of the data source.
- Confidentiality: protection against illegal data disclosure.
- Privacy: control and disclosure of data.
- Availability: guarding against the loss or delay of data.
E-commerce security refers to a set of internationally recognized standards that guarantee secure online shopping. These include procedures that safeguard both the companies that sell things online and the consumers who provide their personal information to make these purchases.
The most frequent security risks include fraud involving credit/debit cards, electronic payment systems, e-cash, and data misuse.
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