What are the threats associated with e-commerce?

Whether you’re a beginner or an experienced e-commerce business owner, it’s important to understand the threats that are out there, and how to avoid them. Here are a few of the main threats you should be aware of.

Phishing

Using fraudulent communication, cybercriminals try to lure and coax a victim into disclosing confidential information. This can be a very embarrassing situation, which can be costly.

Some cybercriminals use spear phishing, which is a more sophisticated form of phishing. This is a technique that targets a specific individual or group, typically someone with a high level of authority. This can lead to massive business losses.

In this case, the attacker uses impersonation to fool the victim into divulging their account and financial information. This information could lead to identity theft, or it could lead to unauthorized purchases.

The attackers set up fake websites to look like a bank or other trusted entity. They then contact the victim through email or phone. Then, they ask the victim to provide their login details, password, or other sensitive information.

DDoS attacks

During the holiday season, online retailers are at risk for DDoS attacks. These attacks can cause downtime and loss of revenue, but they can also damage a company’s reputation. It’s important to understand what these attacks are, how they affect e-commerce websites, and what you can do to prevent them.

DoS (distributed denial of service) attacks are typically launched from a botnet. Bots are large clusters of connected devices, such as personal computers, mobile phones, and unsecured IoT devices. They can cause undesirable automated actions on a website, such as creating usernames and fake orders.

Although DDoS attacks are not usually a good way to steal sensitive information from websites, they can cause chaos and financial damage. They can also be used by hackers to extort money from a target website.

Logic bombs

Logic bombs are a type of malicious program. They are a bit smaller and more subtle than their more obvious cousins, viruses. They are designed to remain undercover as long as possible, and are often used by hackers to sabotage a targeted system.

A logic bomb is a set of instructions that are deliberately written to produce an unexpected result. It is a bit tricky to detect, but a smart antivirus program can often spot a logic bomb in its infancy. It also has the best chance of protecting your company from such an attack.

A logic bomb can also be a piece of malware or part of a worm. These viruses are a lot more clever than their less clever counterparts, and they can drop more serious malware onto your system.

Transmission threats

Regardless of the kind of eCommerce website you run, it is essential to keep your customers safe. Transmission threats are malicious code and programs that can damage your system and cause financial loss.

Cyber criminals use webpages to send malicious code to computers. This can allow the attacker to download large amounts of sensitive data from the target victim. It can also make changes to the HTML of the target page.

These programs include spyware and Trojan Horses. These malicious programs can steal personal information, such as credit card numbers, from consumers. They can also encrypt data and demand a financial reward to decrypt it.

Another threat is e-skimming. In this method, a cyber criminal infects a checkout page with malicious software, which steals the payment details of the client.

Malicious code attacks

Several e-commerce sites have been targeted by malicious code attacks. It can be very damaging to the business and its operations.

E-commerce sites include personal data such as email addresses, credit card numbers, and names. Hackers have been able to steal this information, and use it to commit fraud.

One of the most common e-commerce security threats is the cross-site scripting (XSS) attack. This attack occurs when a hacker uses an application to deliver malicious code to the web page of a store. The attacker then redirects visitors to a fake page, compromising their credentials.

Another common form of malicious code is the distributed denial of service (DDoS) attack. These attacks are caused when a large number of computers flood the server with requests. It can overwhelm the targeted server, leading to downtime and damage to the site.