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How To Make Your Ecommerce Business More Secure

Unless you can prove that your Ecommerce business is more secure and trustworthy, 7 out of 10 of your customers will bounce.

How To Make Your Ecommerce Business More Secure

A business that utilizes e-commerce can certainly benefit when it comes to generating profit. It is another stream of financial gain, and it allows consumers to purchase a product or service from the comfort of their home, and frankly, is a much-preferred alternative for many.

 

While e-commerce is a beneficial endeavor, companies have to safeguard it.

Why?

There’s a reason consumers are still wary of providing sensitive information such as credit card details, so what can you do to make your Ecommerce business more secure?

Because customers don’t spend money on sites that aren’t safe.

Currently 60% of shoppers say that current security is inadequate to protect their information on eCommerce Web sites, according to technology researcher Forrester.

In fact, cyber-attackers and other hackers are able to tap into confidential data if it is not properly secured. The good news is that it can be protected in a number of ways, starting with choosing credible website hosting.

Similarly, use of mobile wallets — whereby shoppers pay in-store or online via phone apps instead of plastic credit cards — is hampered by security concerns for 24% of consumers surveyed by PYMNTS magazine. And when it comes to “smart” appliances or digital assistants like Apple’s Siri, 76% of consumers say they worry about data privacy, and 71% cite data security fears.

It is furthermore important to password protect everything, backup data consistently, limit confidential data access, and even hire the professionals that can further help secure it.

 

More information on these points will be outlined below.

 

Choose a credible website hosting

pillars of ecommerce security

Any website requires a hosting account when it is being set up. It’s paramount that your company chooses a credible and strong provider, especially considering it will be used as an e-commerce site.

 

According to statista; By 2021 e-retail revenues are projected to grow to 4.48 trillion US dollars.

 

Furthermore, e-retail sales are expected to account for 15.5 percent of total retail sales by 2021. In 2018 alone in the United States eCommerce sales are expected to reach 461 billion, up from 409 billion in 2017. As consumers move towards online retail, it opens up a new venue for hackers to gain access to a trove of consumers’ personal details online.

 

According to Symantic, U.S. consumers lost $19.4 billion dollars and about 20 hours of time dealing with the impact of cyber attacks in 2017.

 

Every 3.6 seconds a new web page is infected. Source: Aberdeen Group

 

Many eCommerce Hosting providers like BigCommerce, Shopify and WP Engine provide built in security features to keep your site running smooth.

In today’s ecommerce world, site security means protection against hackers. PCI compliance, DDoS mitigation when necessary and site-wide HTTPS are all the necessary means to properly achieve ecommerce security.

Remember to look for current reviews for providers, and even ask around to find out what other companies within the industry are using for their purposes.

 

Password protect everything

You can never go wrong with creating secure passwords, and this couldn’t be more true for your business site.

You don’t want just anyone to be able to control the back-end, and you thus need a security measure in place to ensure this doesn’t happen. Of course, you will also need to create one that isn’t easy to guess and should thus be a combination of letters and numbers, to say the least.

I can’t tell you how many websites I deal with that have admin user credentials that are simply; admin / user or client name / website name.

 

Back-up data

What would happen if a virus were to erase everything on your website?

Every last piece of data would be gone within a flash, and if you don’t have everything backed up, your company has potentially lost years’ worth of work. That is why it is important to continuously back up files on a weekly, if not even daily, basis.

When your store is not functioning properly, you are turning customers away at the door. Store downtime can happen for many reasons, including human error, malicious attacks, and software glitches.

Store owners need peace of mind by automatically backing up your most important store data, including: products, product details, product images, themes, customers, orders, and more.

 

Hire the professionals

It’s always better to be safe than sorry, and you never know when your e-commerce site can still be a target for a cyber-security attack.

It is always worthwhile to hire experts who role it is to provide support and safeguard it against these occurrences, and this can be done with the help of professional support and services. You can find expert services wherever you are based, so if you needed to find the best IT support slough can offer, you can easily head online and get the support you need. These individuals are there to help minimize business risk, and every single company should thus consider getting their aid.

 

Once your business has taken into account these various points, it is on its way to having a secure e-commerce website. Keep in mind that including e-commerce in your company strategy will benefit you in countless ways, you must simply learn how to properly look after it.

 

Limited access to confidential data

Not everyone should have access to the admin area of your e-commerce business, but rather, only a select few, and primarily the leaders of the organization. The more employee access you provide, the more likely that something could go amiss.

 

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