While phishing is a passive approach, eCommerce sites can sometimes be subjected to direct attacks in the form of DDoS (dedicated denial of service) campaigns. It also pushes the online cart limit and your product will show out of stock to the customers on your online store. Other security threats related to these websites are summarised as beneath: Consumers are comfortable making payments through familiar systems (PayPal, Amazon, Google, Apple, etc.) Also, security threats … Consumers need to be educated and get better at being vigilant online. However, it has also made business owners and customers prone to serious security threats. When they are successful getting into your network, they can totally destroy the system from the inside by files corrupting and unsettling the operations of the e-commerce store. Threat #12: Malicious Threats & Poor Management Another major ecommerce security threat you should be careful about is malicious software. It is also worth creating website backup, in the unpredictable event, that someone has gained unauthorized access to your system and started making sweeping changes, they can rapidly return to previous backups. Online shoppers can also have access to systems offering extraordinary financial convenience. Most of the time, a DDoS attack will be attached with blackmail such as send a certain amount of money disables to the attack. Security threats in E-commerce. The exponential growth rate of e commerce has far surpassed mainstream security measures. Sometimes the management gives priority to other things than e-commerce store security, these kinds of businesses expose their system to security risk. Second is transactions using insecure systems that get redirected or interrupted. Types of Cyber threats & their … The EC Security Environment: The Scope of the Problem
In 2002 Computer Security Institute survey of 503 security personnel in U.S. corporations and government
80% of respondents had detected breaches of computer security within last 12 months and suffered financial loss as a result
Only 44% were willing or able to quantify loss, which totaled $456 million in aggregate