Intro
Ecommerce sites will always be a target to online attackers. The cost of a breach is super high and can do large amounts of damage to your business, regardless of its size.
Many online business owners are aware of these issues, but there are still some who aren’t as well. To combat these online attacks, many companies are coming up with new technologies and strategies they can use to prevent online attacks.
In this article, we will dive deeper into learning more about them and how you can implement these new strategies in protecting your online site.
Ways your ecommerce site can get attacked
Before we go deeper into learning more about how you can protect your online site, you should initially know more about the most common online attacks that 87% of businesses face every single day. Having said that, here they are:
SQL injections
- In-band
- Inferential
- Out-of-band
Chargeback fraud
Chargeback fraud includes everything that is a chargeback request. For example, an online attacker falsely claims that they placed an order and returns it by using someone else’s credit card. In this case, they are receiving the money and not the legitimate buyer.
Chargeback requests can occur because someone might not be satisfied with the product’s quality, meaning that it doesn’t meet their expectations.
There are three different types of chargeback fraud:
- Friendly fraud: The most frequent type of chargeback fraud. Friendly fraud is most common when someone purposely goes to a bank for initiating a refund and abusing the company's refund policy.
- Criminal fraud: A credit card is stolen for purchasing goods and services without any approval from the cardholder. The trick here is that the legitimate credit card holder will claim that they didn’t make the purchase and a refund will go right to the credit card stealer.
- Triangulation fraud: This is where the online attacker is the seller and buys a product, shipping it to the customer’s address. The stolen credit card will give a refund because the customer claims they didn’t make the purchase, but the money will go to the online attacker. This is probably one of the worst-case scenarios involved with online fraud.
- Conducts a digital footprint analysis
- Provides you with a domain analysis
- Email address profiling
- Regular data breach checks
- Blacklist checks
- Risky connections
Malware
Malware has been around for a long time, since when computer software was first used. Malware attacks can include anything from a virus, to spyware, worms and other nasty attacks. Malware is responsible for hacking into sensitive information, erasing data, infecting online sites and holding your site hostage. In short, they can come from anywhere!
DDoS and DoS
Denial of Service (DoS) and Distributed Denial of Service (DDoS) are the same, but differ technically. DDoS attacks are responsible for blocking out your ecommerce traffic. They’ll either use a device or a botnet to attack your site. These bots or devices have malware in them and can easily infect your site. On the other hand, we have DoS, which tries to drop your site with spam traffic and makes it difficult for visitors to access it, due to a crash or time out.
XSS
Also known as Cross-site scripting, it’s a code injection attack that seeks to inject damaging scripts onto your internet browser. It’s a common attack used on forums and all pages that will usually include user comments. It’s quite easy for an XSS attack to change all of your content and redirect traffic from your site. Big companies like Fortnite have been hit by XSS attacks in the past.
Overall, there are plenty of attacks you might face when owning an ecommerce site, so it’s important to learn more about them. Worst of all, many new attacks are emerging that we still not might know of. However, also keep in mind that if you don’t know about the attack, you might as well not be able to effectively prevent it either.
6 Ways you can secure your eCommerce site
Statistics show that online attacks have increased by 38% in the past year. Therefore, your ecommerce security level matters a lot and let’s not forget that your customers and business’s sensitive information is in your hands here.
- 1. Conduct periodic SQL checks
Run daily checks for any suspicious activities and if there are vulnerabilities, you can eliminate them before they fall into the wrong hands.
- 2. Always update your site
Maybe you’ve always been busy keeping up with other tasks, so you must turn on automatic updates instead of manually having to update them.
- 3. Set up strong passwords
Did you know that 90% of users worldwide are concerned about their passwords being hacked?
There are plenty of password managers you can use for storing your passwords there. Of course, managing many passwords is difficult, there are plenty of tips you can use for securing your passwords.
Moreover, to avoid giving online attackers any space for breaking into your data, you can require users to set up complex passwords and even a two-factor authentication (2FA).
A good start is to require passwords with at least 10 characters, using numbers and symbols. Also, as a standard rule, it’s best to ask users to change their passwords every six months. This is a good start for eliminating inactive profiles that online attackers might use as an “easy way out” strategy.
There are many password managers for different browsers and operating systems, providing a secure way to store passwords.
- 4. Use virtual private networks (VPNs)
Many organizations use OpenVPN because it’s free to use and acts as an open source.
- 5. Create backups
You don’t want this to happen and imagine having to re-build a site back up? This might be the worst-case scenario you would have to go through. Backup plans are good because whatever happens, you have your site again. How good can it get?
- 6. Avoid granting access to everyone
Did you know that around 75% of employees have stolen at least once from their employer? That’s a large number and not something pleasant to experience, so it’s best to grant access to the right people, even in your own team.
Don’t ever allow your eCommerce site to go unsecured
With the rise of online attacks, the last thing you want to happen is to have your sensitive information get stolen. Especially if you aren’t prepared for it, this makes things worse for you and your ecommerce store.
Online attackers can be anywhere at any time, preparing something that will destroy your brand’s reputation and might put you out of business for good. Therefore, always seek to secure your online store before it’s too late.