E-Commerce Cybersecurity: How to Protect Customer Data and Online Transactions
The e-commerce industry experienced significant growth, as the demand for online sales increased exponentially amid COVID-19. With the decrease in live sales, multiple organizations, which hadn’t prioritized online marketing and sales channels before, understood the importance of e-commerce.
However, organizations became vulnerable right after applying e-commerce tools and practices. E-commerce is, in many ways, about operating sensitive data including personal details and financial information. This fact poses specific and strict demands to cybersecurity in e-commerce: whenever a site falls victim to a global incident or clients doubt the protection of their data, the organization’s reputation decreases and it loses profits.
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