Counteract eCommerce security threats by implementing some best practiced security strategies

 Operating an eCommerce platform without implementing the correct security strategies can make the site vulnerable to any form of cyberattack. According to an eCommerce website development company, lack of security strategies could result in billions of dollars of loses which could easily scroll up to $6.4 billion. This is the reason why it is important to take necessary preventive measures in order to keep the eCommerce site safe and sound.

What is the importance of eCommerce security?
The eCommerce platforms are always at the topmost position of the favorite list of online hackers who are always on the prowl to access personal and financial information at any cost. As depicted by the eCommerce platform developers of an eCommerce website development company, loss of data for businesses can be hugely damaging regardless of the business size and might even hamper customer trust as well.

eCommerce business owners are quite aware of the security threats and are applying the security measures or strategies to counteract any form of cyberattack. Security strategies incorporated in to an eCommerce website includes the use of SSL certificates, HTTPS protocols, monitoring transactions, and periodical backup of confidential data. To counteract the security threats online retailers are integrating innovative technologies to their eCommerce sites to stay competitive. However, in order to incorporate the best security practices, it is important to be aware of the types of attacks and keep a check on how the hackers are honing their skill sets.

eCommerce application development in India is booming by the day and the frequency of cyberattacks has even skyrocketed in the fast few years. So, applying the correct security strategy as per your business requirements is the only option to prevent the online attacks effortlessly. The online threats or the cyberattacks on an eCommerce platform can be counteracted by –

•    Installing HTTPS Protocols and SSL certificates
HTTPS protocols are popularly used on the eCommerce sites as compared to the traditional HTTP which is way more vulnerable and can be easily attacked. This security protocol is normally used in some important components of an eCommerce website such as payments and transactional information’s. The eCommerce website developer of an eCommerce website development company suggests or prefer using this protocol as it successfully guards information of the customer and the company.
Apart from implementing the HTTPS protocols, SSL certificates or secure socket layers can be implemented which can protect your data in transit during the transaction process once payments are initiated by the customer. HTTPS and SSL certificates properly encrypt and protect user data and even the search engines prioritize eCommerce sites having HTTPS protocols as well.

•    Choosing a secure eCommerce platform
Choosing the right foundation for the site can help in averting security threats to an extent. This is the reason why it is important to develop and design an eCommerce platform or the website on a secure platform. There are many open-source platforms available but choosing the right one for your needs could be challenging at times. However, be whatever the type of platform used to build the eCommerce site it is very necessary to analyze the security measures offered and to check if those security measures comply with PCI compliance or not. Another important thing to be considered is to run occasional PCI scans on your server in order to validate if your site is compliant or not.

•    Executing periodic backups
As stated by a leading eCommerce website development company performing periodic backups can help in preventing cyber threats to the eCommerce sites. It is counted among the most effective of all the security strategies and there is no need of hiring industry professionals as well.
In order to execute periodic backups, all you need to do is simply install BackWPup, BoldGrid Backup, and many other similar types of plugins which help in making copies of the database of your eCommerce site. However, there are several manual ways of backing up data, but it can be labor-intensive and may not be maintained periodically as well. Implementation of plugins and backup tools is highly necessary to protect databases holding confidential information.

•    Implementing 2FA
2FA or two factor implementations in to the eCommerce websites can help prevent security breaches very efficiently. Multiple phishing methods are applied by the hackers to steal user credentials which can compromise the security of the online store. That is where 2FA mechanism comes into action and provides the exact foundation to protect your online store from repeated online hacks.
2FA can be used as an extra layer of security in the eCommerce site and is the best process to validate user requirements by providing two different means of identification; one is by sending autogenerated code or OTP to the users verified phone number and the other is using User id and Password to login. Implementing 2FA in the eCommerce site enhances protection as the hackers are not able to crack the OTP and the password.

Companies offering eCommerce website development services suggests that the success of your eCommerce store solely depends on the security strategies being implemented. It even helps in gaining consumer trust and you get to concentrate more on your business growth rather worrying about the security breaches.