The 5 Cybersecurity Challenges In E-Commerce
E-Commerce continues to expand and companies continue to bet on this modality as a fundamental axis in their business strategy. But did you know that digital threats have this same behavior and are presented in an alarming way? That’s right, not everything is honey on flakes. Read on and discover how digital threats can endanger your operations and how to safeguard their continuity through the right technology.
The path of digital transformation has not been easy for companies, many of them learned that digitization is more than just adopting technology and mobile devices. Under this premise, there are organizations that learn daily from this reality, which represents more than remote work and connectivity from anywhere on the globe.
It is about seeing beyond the positive aspects and the monetary gains that systems such as e-Commerce bring with them. This, in addition to identifying the path of digital vulnerabilities; a consequence of the technological acceleration, which we have witnessed in recent years.
Unfortunately, cyberattacks have shown their great ability to evolve and adapt in line with new technologies and the increased use of digital platforms to carry out operations. This translates into the need to adopt technological solutions and specialized consultancy to avoid these threats.
The consultancy Gartner estimates that investment in information security and risk management will increase to 172,000 million dollars worldwide in 2022, compared to 155,000 million in 2021 and 137,000 million in 2020. Also, almost 77,000 million dollars will go to security services in the coming year, making it the largest of the spending categories; 30,000 million will go to infrastructure protection; 19,000 million to security and network equipment, and 17,000 million to identity and access management. Other areas getting big budgets include application security, integrated risk management, data security, software, and cloud security.
Given these predictions, it is inevitable to think about the consequences that cybercrime can cause to e-Commerce. What makes it even more alarming is to think that it is a practice that is on the rise and that it is based on technologies such as the Cloud and Artificial Intelligence, which can be compromised if they are not protected and managed properly.
Main Digital Threats In E-Commerce
The first step in securing your customers, your products, and your ongoing operation is to know the problems to avoid. In this case, digital attacks that can endanger your company. Meet them below.
1. Pharming: The New Perpetrator Of Cybercrime
E-Commerce is in the crosshairs of many cybercriminals, and these attacks are gaining relevance by leaps and bounds. These are attacks that manipulate website traffic, leading consumers to fake web pages to steal their sensitive data, through online operations.
2. Phishing Is Still A Serious Threat
This type of attack does not lose importance, on the contrary, it continues to use email, calls, messaging and social networks, among others. In order to carry out fraudulent processes and purchases and obtain information such as bank details and user passwords, posing as an official page, which makes timely detection more difficult.
3. Supply Chains And Digital Security Management
Did you know that supply chains are one of the main targets of Ransomware attacks? This is due to the fact that it is a threat that damages the software on which external providers depend and the internal operation of the company. These attacks are a great concern for leaders and experts in digital commerce, due to the information leaks and data leaks that an attack of this nature can represent.
4. The Cloud: A Necessary But Delicate Technology
It is impossible to visualize e-Commerce without the use of the Cloud thanks to the high performance and storage it provides. But, at the same time, it poses a challenge in terms of the complexity of digital security that this combination requires.
It is necessary that both platforms complement each other and fulfill their function harmoniously, without endangering company and customer data. Then, the acquisition of digital solutions that guarantee protection against attacks that can violate said technological environment must be taken into account.
5. Visibility And Security Tailored To The Consumer
How to guarantee a correct visibility to the client of its operations and, at the same time, secure the transactions? At this time, customer service is the most important thing for companies and digital security is part of this service. Having digital commerce platforms that issue digital threat alerts, verification and authentication processes, as well as the ability to secure monetary transactions, are essential digital security mechanisms that cannot be lacking.
Likewise, these platforms must have the configurations, certificates, backup copies, permissions and updates necessary to make virtual commerce comply with the security functions that the consumer and the company require.
Secure Cloud: The Key To Secure Your E-Commerce
Secure Cloud is a solution that increases the security levels of cloud operations thanks to the management and correlation of security findings, the visibility of workloads, the management and monitoring of resources, the granting of secure access to users and the detection of weak configurations and malware.
Likewise, Secure Cloud generates the possibility of managing and visualizing threats, prioritizing them and managing risks, as well as monitoring suspicious activities to customize security functions, according to the needs and specifications of the business.
Also Read: Cybersecurity Priorities For 2022