Introduction
How critical this thing is that we are talking about! Guess you already know. The implications and adverse effects of an online security breach are destined to cost both, eCommerce businesses and customers. Let us start the seriousness of this fact with statistics:
According to the report of Juniper Research, the eCommerce industry experiences up to 32.4% of all successful threats annually.
By extensive misuse of a wide spectrum of technologies and malicious ways to invade and hack the eCommerce systems, the hackers start with targeting the online store admins, users, and employees. The most common cases you and I have heard are related to:
- Online transactions/Electronic payment system
- e-Cash
- Data privacy/ Data misuse
- Fraud on Credit/Debit Cards
However, a few of these accidents are due to technical glitches or planned (by hackers) or human errors.
Nevertheless, this blog shows the common threats your existing eCommerce business currently is facing along with solutions to avert them. And why you should select the RIGHT eCommerce app development company?