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This portrays a grim picture for ecommerce businesses — filled with data breaches and irate customers. As per our research, here are five tried-and-tested techniques to protect your ecommerce digital business from dangerous online frauds. eCommerce fraud prevention tools process information from clients and servers in real time.
eCommerce security company Sansec has revealed it's found a number of online stores accidentally leaking highly sensitive data. In a post , the researchers said: "We have observed automated attacks against online stores, where thousands of possible backup names are tried over the course of multiple weeks. Change all passwords.
However, users must be mindful and methodical when setting up, for example, an eCommerce site in WordPress; it's wise to look beyond the real-world SEO benefits and design flexibility and consider factors like data integrity and security. Schedule daily backups to create multiple restore points.
Selecting a cloud vendor to help host your identity-related functions — such as user authentication, authorization, single sign-on, federation, and identity management — can be a business booster and a way to streamline efficiencies. It should enable self-service flows, such as password resets, forgotten usernames, and preferences.
Whether just taking the plunge into the WordPress wonderland to launch a personal blog or full-fledged ecommerce site, or you’ve been using WordPress for a while now, it was a good choice. Backup Your Files and Database. Note that some premium plugins and themes are a button click away from the latest release. Use Strong Passwords.
A sharp increase in technological reliance, be it through eCommerce or remote work, heightens the risk of cyber threats. From there, they can exploit vulnerabilities and poor authentication practices. Due to the level of access gained before deploying ransomware, the issue cannot be resolved by simply restoring data from backup.".
If encrypted data cannot be restored, the production line, stores, eCommerce sites, and all business operations are brought to a standstill, and there may even be a problem with the reliability of the company’s balance sheet, not to mention the possible reputational damages that can lead to loss of customers.
For eCommerce businesses and all companies that rely on developing a strong consumer reputation built on trust, vigilance and security are key. Institute stringent password policies across all media management platforms , including mandated password complexity, frequent rotation, and multi-factor authentication (MFA).
What makes this type of attack attractive, is the fact that there are often ways to export database contents from within an administrative control panel in a CMS by allowing the attacker to utilize database management or backup solutions within the control panel. Brute force attacks are similar to privilege escalation in results.
Use Strong Passwords and Multi-Factor Authentication (MFA): One of the most important steps to securing your business is to use strong pass phrases for your accounts. Additionally, enable multi-factor authentication (MFA) when possible. Backup Your Data: Data loss can be catastrophic for any business, especially an online business.
ThreatLabz observed a few cases where SolarMarker is targeting the football fans trying to buy WorldCup stickers from compromised ecommerce sites. Use two-factor authentication whenever possible, especially on sensitive accounts such as those used for banking. Always make sure you are utilizing HTTPS/secure connections.
Patches to protect yourself and your customer could be anything from implementing 2FA authentication to using machine learning in fraud detection. Since issues might be tricky to fix correctly – maybe the problem is with a third-party plugin – you should go into each patch with a backup plan.
Cyber attacks nowadays do not often come from ingenious ‘hackers’ in dark rooms, they’re often the result of an employee reusing the same password, or businesses not implementing basic practices such as multi-factor authentication. The global pandemic has kept people home, and so many consumers have entered the world of eCommerce.
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