How to make an eCommerce store the safest place for product selling & buying?

Operating an eCommerce platform without implementing the correct security strategies can make the site vulnerable to online attacks. According to an eCommerce platform development company, a lack of security strategies could result in billions of dollars of losses which could easily scroll up to billions. This is the reason why it is important to take necessary and preventive security measures.

Why apt security is the need for eCommerce platforms?

eCommerce business owners should stay aware of the security threats and apply security measures or strategies to counteract any form of cyberattack. Security strategies incorporated into an eCommerce website includes the use of SSL certificates, HTTPS protocols, monitoring transactions, and periodical backup of confidential data.

Top security threats –

·    Finance fraud - False return and payment frauds.

· Phishing – online fraudsters copying website pages of an eCommerce website.

· Spamming – Spammers sending infected links via email or social media pages.

·   DoS & DDoS Attacks – eCommerce servers receiving purchase requests from untraceable IP addresses.

·  Malware – Hackers can place malicious software including viruses, trojans, and ransomware.

·    SQL injections – Hackers attacking query submission forms to get access to the backend database.

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. As depicted by Online retail website development service providers, loss of data for businesses can be hugely damaging regardless of the business size and might even hamper customer trust as well.

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. The eCommerce website developers suggest using this protocol as it successfully guards information of the customer and the company.

·  Choosing a secure eCommerce platform: Choosing the right foundation for the site can help in averting security threats to an extent. 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.

·   Executing periodic backups

Periodic backups can help in preventing cyber threats to the eCommerce sites. Services related to eCommerce application development in Kolkata can help execute periodic backups. All that is needed to do is install BackWPup, BoldGrid Backup, and many other similar types of plugins that help in making copies of the database of the eCommerce site. Implementation of plugins and backup tools is highly necessary to protect databases holding confidential data.

·  Implementing 2FA: 2FA or two-factor implementations into the eCommerce websites can help prevent security breaches very efficiently. Multiple phishing methods undertaken by the hackers to steal user credentials can compromise the security of the eCommerce store. That is where the 2FA mechanism comes into action and provides the exact foundation to protect your online store from repeated online hacks. 2FA can add an extra layer of security to the eCommerce site and is the best process to validate user requirements by providing two different means of identification

Wrapping up, the success of the eCommerce store solely depends on the security strategies being implemented. Securing an eCommerce store can further help in gaining consumer trust and ensure business growth rather than worrying about security breaches.