How to Improve your E-Commerce Website Security

Author: Sdreatech Single Step Solution

If you own an ecommerce website, the Security protocol is always a concern for you nowadays. Because it is necessary to be aware that most cybercriminals target ecommerce businesses. Here, you can explore some important ways that help to improve ecommerce website security to secure websites from cybercriminals.

The value of losses caused due to ecommerce fraud is increasing by $6.4 Billion by 2021, going from $17.5 billion in 2020 to more than $20 billion. This amount represents a stunning 18% growth in a single year.

Ecommerce security refers to the measures taken to secure your business and your customers against cyber threats. It is guidelines that ensure safe transactions through the internet. The protocol consists of safeguarding people who engage in online selling and buying goods and services.

If you currently own a small business, don’t think your business is safe at the moment. Small Businesses are actually targeted more than larger businesses. For small businesses criminals expect security to be weak or non-existent on ecommerce websites.

E-commerce security is all about making sure both your business and your customers can feel safe. In this article, We've compiled a list of different ways to help you to secure an eCommerce website.

  1. Switch to HTTPS

Outdated HTTP protocol makes it less secure and vulnerable to attacks. HTTPS displays the trustee green lock sign that says Secure HTTP protocol. HTTPS, not only protects the sensitive data users submit, but also higher ranking on Google’s search page. In the HTTP protocol, modern browsers display a warning message that the website is insecure, some browsers outrightly block the user from accessing the unsecured website. Before switching to HTTPS, you need to get an SSL certificate from web hosting providers.

  1. Secure website with SSL certificate

The main benefit of SSL certificates is to encrypt sensitive data shared across the internet. SSL certificate is a critical step because sent data sent by the user will pass through multiple computers or multiple systems before the destination server receives it. SSL certificate prompts customers that your website is secure enough to grant their credit card data.

  1. Keep updated Security Plugins

Updating WordPress Security tools, and plugins can be stressful, however, install security updates and patches as soon as they release because hackers can use bots that identify which websites use outdated software, which makes outdated software a serious liability.

  1. Configure 2-factor authentication

Ecommerce business is widely adopting and recommending the use of two-factor authentication to improve security. With two-factor authentication, a compromised password you'll be required to provide additional information and login confirmation via another channel, email, SMS, or phone.

  1. Redundant backups

Hackers can do anything from simply copy your data to go the more malicious route and corrupt it and make sure that you can’t use it again. That’s why it’s extremely important to regularly back up your site’s data. Your ecommerce website data is your possession, and you can’t completely rely on your hosting company to make sure your data is backed up and up to date.

You should do it yourself without trusting anyone else to do it for you. Employ automatic backup service so that even if you forget to do it manually, all your data will be backed up automatically.

  1. Educate your customer to prevent themselves

One of the most important things that you must do is to educate your employees and customers about using the internet. Ask your customers to do the same and insist on using strong passwords that are hard to crack. Educate them about the risks associated with unsafe security practices and introduce them to how phishing works.

  1. Avoid storing sensitive data

A common mistake that you should never make, don’t store sensitive information like credit card information or account details. Generally, Ecommerce platforms offer offline credit card processing as a standard payment option and it saves credit card numbers without any sort of encryption. The moment you store your sensitive details on a website, you expose yourself to an outside attack. If a hacker gets such information on your website, attackers will do anything with this information. Not only will you lose that data, but also you will lose trusted customers which is the biggest loss.

  1. Encrypt your entire ecommerce store

The approach to encryption for Ecommerce was to use SSL encryption for the checkout experience, changes have already been made to promote higher security in websites. A recent update from chrome aims to make browsing more secure for its users.

  1. Don’t neglect your personal security

The first thought about E-Commerce security is that it starts with you. If a hacker doesn’t find a way to your site, it might try to use you to gain access using your email or through other contact details. So this step is as important as all steps of security that protect yourself from attackers.

  1. Closely monitor your website

Web security is an active process, and the faster you catch an attack, the faster you can act. So, you should consistently check your website for any issues such as malware or irregular behavior and get rid of them as fast as you can.

Conclusion

Ecommerce websites must take the necessary steps to protect their customers and their data. Websites run the risk of getting hacked, scammed, and stolen from so putting secure practices. Without website security online stores won’t produce nearly as many conversions or sales, so start securing ecommerce websites as soon as possible. Stay up so far with the cyber security world, learn of any strings of attacks in your industry or other related industries, and always keep your important information safe and your site backed up.