The e-commerce sector is one of the most lucrative targets for cybercriminals. In this article, we will see”How to Overcome Device Security Concerns in the eCommerce Industry”
The security of an online retail store isn’t something to be taken casually. Despite having an outstanding website design as well as a marketing strategy, your business can be easily ruined by cyber attacks.
Data breaches can have a major impact on your enterprise. And, if you fail to secure your online business, it will not only impact your revenue but can ruin your brand reputation.
Check out the below nine security tips to secure your e-commerce business –
Security from Employee Fraud
Employees working for you can also steal your customer information or misuse your company funds. So, no matter how much you trust your employees, it’s wise to limit the amount and type of data that an employee can access on their device.
Using a kiosk solution, you can restrict employee devices to run a single or multiple business approved applications. The admin can blacklist non-work apps as well as websites and disable file sharing access.
Home, back and power buttons can be disabled to prevent employees from exiting the kiosk mode. This empowers employees to focus on their work and prevents the misuse of devices.
Content Encryption
An effective data breach protection strategy for e-commerce companies must include content encryption. This helps to render the data unreadable to unauthorized users, thus increasing corporate data security.
Encrypting sensitive data including customer as well as employee information, corporate files, etc can prevent unauthorized users from accessing confidential data.
BYOD Management
Corporate data is a high-security risk when employees are using their personal devices to access confidential enterprise information. Consequently, as more and more organizations embrace BYOD program they face risk exposure from employee-owned devices.
The solution helps to create a work container on BYOD devices to keep corporate data separate from personal data. It enables admin to disable copy/paste feature, file sharing access, screenshot feature etc.
This helps enterprises to easily manage and secure work profile on BYOD devices leaving personal data untouched.
Update Your Software
Many harmful malware attacks take advantage of software vulnerabilities in browsers and operating systems, therefore, not updating software can also
result in security loopholes on devices and pose risk to data stored in it. Thus, keeping software up to date is critical and protects the device from security threats.
Stay Up-to-date With Cybersecurity
There are many cybersecurity programs that can help to secure businesses of any size from malware and other threats. The money you spend on it is well worth it, as a data breach can cost you much more.
Two Factor Authentication
Stolen or compromised user credentials are one of the most common causes of a security breach. Hackers employ various phishing ways to guess or steal user credentials and pose a threat to the security of your e-commerce store. This is where the need for a proven user authentication mechanism arises.
Implementing two-factor authentication adds an extra layer of security and protects your data from hacking attempts. In this, the user needs to provide two means of identification.
First is the valid username as well as password while the second is an auto-generated code sent to a user’s verified mobile number.
It offers additional security to data contained in the devices as hackers might be able to crack the password but cannot steal the code which expires after a short duration.
Use a VPN (Virtual Private Network)
Organizations who deal with critical data such as financial transactions, customer data and more need to be extremely careful on public networks.
This is because data transferred over public networks are prone to a security threat. Therefore, enforcing a VPN (Virtual Private Network) is critical to secure sensitive data related to your business.
Monitor Use of Corporate Devices
Devices used in the enterprise store a huge amount of corporate information which might fall into wrong hands if not secured wisely. Thus, it is crucial for organizations to monitor the use of corporate devices.
For this, e-commerce companies need to leverage mobile device management software to gain real-time visibility of all the devices used in the enterprise. It helps to push corporate apps, app updates, files remotely to devices to provide secure access to enterprise data. How to Overcome Device Security Concerns
With MDM, organizations can conduct regular audits of security policy implementation on all the devices and make informed decisions to protect data in case of a security breach.
Moreover, it also enables enterprises to remotely lock or wipe a device in case it gets stolen or misplaced.
E-commerce companies with their own logistics can deploy MDM to manage and monitor their remote workforce and secure corporate data.
Prevent Phishing Attack
It is one of the trickiest forms of a cyber attack which hackers use to gain access to assets, system, money through deception at a social level.
Using email, text and even phone calls, hackers try to trick employees into providing sensitive information such as social security numbers, passwords, banking information and more.
Source:- https://securitybrief.com.au
The best way to prevent it is to educate your customers so that they know if they receive such emails, then how to identify them as legit.
E-commerce companies must encourage their customers to reach out for confirmation if they ever receive questionable emails.
Conclusion:
One wrong step can cost your organization more than recoverable damages. Therefore, it is crucial for e-commerce companies to take the necessary steps to secure data and maintain their brand image.
So this was all about “How to Overcome Device Security Concerns in eCommerce Industry.”
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