In today’s competitive business landscape, most thriving businesses are at constant risk of being targeted by cybercriminals. As the internet evolves, there are different vulnerabilities hackers target. Therefore, every business owner needs to be aware of those. Additionally, just like any other aspect of your business, strengthening your business security is equally important. Specifically for the e-commerce businesses that get attacked by cybercriminals more often.
Additionally, when you are aware of all the latest methods used by cybercriminals, you can educate your employees. This helps you harden your security walls and keep your system out of attackers reach.
Therefore, this guide is curated to shed light on top e-commerce threats that you should look out for.
What Threats Can Damage Your Revenue and Reputation?
According to a 12-month analysis report by Research Labs of Cybersecurity, 57% of attacks were recorded on e-commerce stores alone. The rest, 33%, were carried out in other industries throughout the year. This proves that most cybercriminals tend to target e-commerce stores because they are capable of generating high revenue. Therefore, this guide will let you know all the attacker’s approaches to help you strengthen your system security accordingly.
Here are the top e-commerce threats that every business owner must know about.
1. SQL Injection
In most organizations, hackers tend to use this approach to breach your security system. It’s a sneaky method where hackers gain access to your system without drawing attention and steal all the sensitive information. Furthermore, they can take control of your system when they want to and cause serious damage to your business.
To prevent SQL injection on your system, it is important to see all hardware and software resources are up-to-date. Additionally, you can consider implementing a firewall application by referring to cybersecurity companies Abu Dhabi to help you block malicious data. It monitors and prevents any unauthorized user from getting into your system without your knowledge.
2. E-Skimming
When hackers get into your system due to a weakened security system, they often use the e-skim method to steal payment credentials. They interfere in the payment processes happening in your ecommerce store. Usually, they wait for customers on their checkout pages to use their payment methods to pay and then steal their information.
To secure your system from this, you can encourage your employees to use security practices that help prevent these attacks. These preventive measures include the use of multifactor authentication and updating the software. Additionally, you can change all the default passwords to strong ones, which are hard to brute force.
3. Cross-Site Scripting
This method involves inputting threatening code into your website pages. This makes all your website’s normal visitors vulnerable to hackers’ approach. They can then use various tactics to steal your consumer data and get into your system. This can include malware, phishing, bots, and other methods to steal users’ information.
To prevent these attacks, you can take the help of an HTTP content security policy (CSP) to keep your data out of attackers’ reach. It’s a browser mechanism that actively looks out for these attacks and stops them before they exploit your system. Additionally, it strengthens your security system and looks out for vulnerabilities that can be targeted.
4. Phishing
Phishing is the most commonly used method to get into your system and affect your confidential data. It’s been used for years now. However, as the internet evolves, hackers use different methods of phishing. They are capable of tricking anyone by making themselves professional with emails, phone calls, and messages.
Furthermore, they often use professional domains and well-crafted emails that can trick anyone into providing their information. Therefore, businesses must stick to interactions that are authentic and trusted. You can minimize most of the phishing attempts by carefully looking at every email before you proceed further.
5. Ransomware and Malware
These are the favorite ways of attackers to penetrate multiple businesses security at once with one malicious file. Usually, such malware is attached to emails and messages that may evoke curiosity and force you to click. Once these malicious files get clicked, hackers can restrict your access and prevent you from accessing your data.
Therefore, it is important to double-check the files before you click on anything attached to a professional-looking mail. Additionally, you can get help from cybersecurity companies Abu Dhabi to actively monitor your organization and scan for such files. This will delete the harmful files before they even reach your network and cause any damage.
Where Can You Get The Best Cybersecurity Services?
Leverage the knowledge of industry experts who have helped secure many e-commerce businesses from potential threats. Worry less about your system security and focus more on other important aspects that need your attention. Contact now to get a tailored security plan to harden your e-commerce business security.