Top 6 Most Common E-commerce Threats in 2020!
The world is making its best efforts to provide you with everything you need at your doorstep. From buying a new utensil to a new car, everything has been made just a click away. But with the power like this, comes a huge responsibility.
The responsibility of all the online buying and selling websites to provide its customer protection from potential eCommerce threats.
Most of us use online transactions. We fill our bank account details on our favorite shopping website assuming they are secure and well encrypted. But if we are not using a secure network you can lose your hard-earned money easily.
Money Lost due to E-commerce Frauds
According to 2017, the E-commerce website made a profit of over 107 billion dollars. But out of those 65 million dollars were lost in E-commerce frauds.
There are many sites that don’t take these hackers seriously. So it is important for the customers to ensure that the site they are using is fully secured.
Potential E-commerce Threats:
Hackers don’t take a day off, so it is important that all the e-commerce websites are well aware and are on a constant red alert for any fraud. The website owners need to constantly monitor of malicious codes and malware. It is without a doubt difficult to keep track of all the activities happening on your website. But the one thing that can be very helpful in identifying all kinds of threats that can hurt your E-commerce website.
Here are the 6 most common E-commerce threats:
The most common threat to e-commerce websites is spamming. These are unwanted comments or emails to your website. These comments are inserted to leave infected links on your website. Spams are those silent bombs that explode when someone clicks on those comments and messages. These comments act like backlinks which can further add malware to your website.
The second most common eCommerce threat is obtaining your website’s information. This is done by sending you fake emails asking for access to your personal information. These fake emails are called phishing. These emails seem authentic at first. Phishing emails have the potential to hack a large number of your eCommerce website’s customers. They usually exploit the customers’ data and manipulate it further.
The malicious program which is the most dangerous e-commerce threat of all time. Hackers design one specific code to hack your website and spread it to your customers’ personal devices. These malware codes spread like wildfire. They usually focus on retrieving credit card information and interfere in all the encrypted data. There are multiple types of malware that can enter your device so, it is very important to keep your device updated with all the new anti-malware.
4) Distributed Denial Of Service:
DDoS is not something usually used by just hackers they are sometimes used by your competitors to get your website off the internet. These competitors often hire hackers or cybercriminals to push your website off the server. This impacts your revenue, your customers, and your reputation. DDoS makes access to your customers very difficult. DDoS attacks are mostly seen whenever there is a great sale on your website. These eCommerce threats are on a rise ever since website owners started to focus on launching their website before even checking and building a strong defense mechanism to help them from these attacks.
5) SQL Injection:
This eCommerce threat happens to a large number of websites. These attacks occur when the server accepts a contaminate the input. Such injections result in allowing hackers to steal data and exploit the data privacy of the customers.
SQL Injections also violate your severe database. They are able to add or edit the content published on your website.
So, it is necessary to have a proactive prevention plan acting as a safeguard for your website.
6) Blocking Cart:
How many times we have gone to our favorite eCommerce sites and simply added the things we like into the shopping cart and then changed our mind and left it there? What if I tell you that by doing this you have actually opened a huge opportunity for all the potential eCommerce threats.
Hackers can block the cart by adding multiple products to your cart. They might enter your account via some product details or via a review, they might have posted on that particular product.
By adding numerous products on your cart they push the cart limit and customers see that the product is out of stock. Doing this they don’t allow customers to buy stuff that particular website and hence they are forced to move on to another website.
This also sometimes causes server damage and hence the targeted website loses a lot of customers.
So, these were some of the most common eCommerce threats. They are no particular way to stop them but one can always try online support like from Astra, which promises to monitor your eCommerce site even when the whole world is asleep.
Let’s join the same cyber society and fight cybercrime.
September 27, 2020