Does your Ecommerce Business Overlook These Security Basics?

Online stores are now undoubtedly the new-age stores to buy essentials. People these days are blindly depending on the eCommerce businesses to shop what they want. Do you know why? Well, an example of the various essential reasons is pandemic. With the fear of getting affected by the virus, consumers are relying more on the eCommerce business.

But are you aware that with immense popularity, your eCommerce business poses more threat? Yes! You read it right. ECommerce businesses these days are prone to threats posed by hackers and fraudsters online. Due to lack of security, the fraudsters online are hacking your consumer’s data to manipulate it for money.

For instance, if you remain a consumer of an eCommerce website, the hackers are getting all your details via various means of hacking to make purchases.

So, in such cases, you must ensure the protection of your eCommerce store. The most astonishing fact states that even smaller eCommerce stores are prone to hackers and threats. So, if you are an eCommerce business, here are five vital but unnoticed security basics that safeguard your online trading platform.

1. Invest in a top-of-the-line SSL certificate

If yourself maintain a website, you must know that a website is almost nothing without the Security socket layer/SSL. And those who are new to the term SSL are a certification that encrypts the connection between the web browser and server.

So, if you have a domain/ multiple domains, you must ensure your business domain’s security online with a secure socket layer. But finding a reliable SSL certificate is a tedious job.

Most of the eCommerce shops launch their online stores without even knowing about the SSL certificates. So, before investing your money in an SSL certificate, you must understand that all the SSL certificates are not the same. You can even get a lot of free SSL certification for your website.

It may offer you various web hosting plans. But that won’t protect your consumer’s data while entering the payment. So, as an eCommerce site always witnesses payments and transactions, you must buy a top in the line SSL to ensure the customers’ trustworthiness.

Further, if you have an eCommerce website, you need an extended validation SSL. An EV SSL Certificate helps your consumers see a green padlock and bar along with the company’s name.

And that ensures that the site is protected with the highest level of security standards. So, if you want to provide maximum protection of data, you must use EV SSL. However, getting an EV SSL needs some proof that you need to showcase to your provider. It includes:

• Business license/registration
• DBA
• The physical address of the business
• Personal data
• Signature on the EV SSL agreement

2. Get serious about patches and updates.

Once you obtain your SSL certification, the next step is to offer timely software updates and patches. This is because; security patches/updates are a must-have requirement for eCommerce stores. As per the data, one of the top ways of hacking data is by exploiting the vulnerabilities in the seller’s web app.

And you must be aware of the truth that hackers find it satisfying to use every new software weakness. So, in such cases, security patches are the most vital requirements for every eCommerce business.

So, if you want the hackers to stay away from all the crucial data of your eCommerce store, for example, your consumer’s payment card numbers, login credentials, and many more.

It would be best if you acted on all the essential update alerts from your providers. It would help if you also tracked all the newsfeed about the significant security patches. And when you find any update, you must send those patches to your users.

3. Make malware scans a priority

No doubt, when your eCommerce stores have all the patches and updates in their place, it will stay protected against all types of hacking. But as you know, hackers always try their best to find new ways to attack.

So, in such cases, what they do is they come up with malware. Yes! You are reading it right. When they find any weakness/loophole in your website, they use it to put malware into it.

What happens then is you face a Zero-day exploit. This is a circumstance when you have no patches ready for the malware/attack. And sometimes, it may take months or years to come up with new patches. So, in such cases, your store goes undetected. And during those hidden days, your eCommerce store may leak vital data to the hackers.

So, you must treat malware scanning as a severe business for your website. You must deploy anti-malware protection to your eCommerce store to keep it safe.

4. Put password security on your schedule

It is needless to say that credentials play a vital role in keeping your data safe. Using unique passwords that are hard to decode will always help you eliminate threats about hacking.

Although every user may get 500 password attempts to access your services, you still need to put password security in your agendas.

However, lousy password habits are still every day among eCommerce sites. And if your attackers find your password, they will not only attack, but they will also wholly manipulate your eCommerce store.

Sometimes, you can even end up being a stranger to your online store. So, in such cases, you need to empower your business’ password and login processes. If you have internal access, you must use robust passwords that are hard to decode.

Further, you must also limit your login attempts to minimize the security threat. If anyone is locked out due to maximum attempts, they must contact the tech support team to regain access.

4. Cast a net to stop spear-phishing

Phishing these days is now one of the most sophisticated ways to hack eCommerce stores. The hackers impersonate as one of your team members, or even you in the emails, and ask for the credentials or other valuable data.
Some cases of phishing include:

• One of your employees asking for an immediate wire transfer
• Payroll team requesting to save your deposits in a new bank account
• Customers asked to log in to a new account.
• Vendors asking for sensitive data

So, if you find such security threats, you must make all your employees and consumers aware. This is because; educating everyone is the best option to stop phishing activities. You can initiate the training of your employees to prevent such threats.

5. Conclusion

Keeping it short, these are the five underrated ways to ensure your eCommerce business security. Now that you know all the steps, you must strengthen your store by taking adequate measures. By taking proper measures, you can safeguard your online store against any potential threat.