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What Is E-Business Security l Importance, Threats & Solutions

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Temok IT Services
What Is E-Business Security l Importance, Threats & Solutions

Ecommerce security is very important if you are to make it in this industry. In 2018, online businesses experienced 32.4% of all successful cyber attacks. A successful business should use Ecommerce security protocols and measures. It will keep the business and clients free from attacks. We have discussed here what is e-business security, issues, and solutions. Ecommerce sites will always be a target for cyberattacks. For hackers, eCommerce sites are treasures of personal and financial data. Ecommerce business owners are aware of these threats and issues, increasing their security measures.

What Is Ecommerce Security?

Ecommerce security is the set of guidelines that are designed to allow secure transactions on the web. Ecommerce security refers to the steps and protocols in place to secure the sale and purchase of products and services online. Suitable eCommerce security measures enhance consumer confidence. You need to get your customers’ trust by giving them some eCommerce security basics. Such basics include:


There are some common eCommerce threats and issues you need to secure your online store from. Here are examples of security threats that include hacking, misuse of personal information, monetary theft, phishing attacks, unprotected provision of services, and credit card fraud. Let’s discuss some common issues that leave a bad impact on businesses.

Financial Frauds

Financial fraud has distressed online businesses since the start. Hackers make unauthorized transactions and businesses face huge losses. Some trickers or fraudsters also file requests for fake refunds or returns. Refund fraud is a common financial fraud where businesses refund illegally WQproducts or damaged goods.

Spam


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