Cybersecurity Analysis of Your eCommerce Business
Hackers launch phishing, distributed denial-of-service (DDoS), and other types of cyberattacks against eCommerce businesses. They use these attacks to access customers’ bank account and credit card information, email addresses, and other sensitive data. If successful, cybercriminals can leverage this data for identity theft and fraud. They can also hold data for ransom.
Cybercrime is up in 2021 and shows no signs of slowing down any time soon. Your eCommerce business cannot stop cyberattacks. But you can perform a cybersecurity analysis to determine appropriate measures to guard against such attacks moving forward.
Why a Cybersecurity Analysis Is Key
Most eCommerce companies put cybersecurity on the backburner. Yet doing so can wreak havoc on an eCommerce business, its employees, and its customers.
There is no telling when a cyberattack will occur. If your eCommerce business is unprepared, hackers can breach your networks and systems. In this scenario, cybercriminals can access your sensitive data and use it however they choose. Meanwhile, they can continue to do so for an extended period of time. And the longer a cyber attack goes undetected and unaddressed, the worse it can be for your business and its stakeholders.
Thanks to a cybersecurity analysis, you can identify security gaps before they lead to data breaches. During the evaluation, a cybersecurity analyst examines your business’ security posture. The analyst reviews your business’ attack surface and considers how a cybercriminal can penetrate it. From here, the analyst shares their findings with you.
Following a cybersecurity analysis, you can determine the best course of action to optimize your company’s security posture. Plus, you can work with the analyst to verify your company is protected against current and emerging cyber threats.
The Role of Integrated eCommerce in Cybersecurity
A cybersecurity analyst may recommend an integrated eCommerce solution to help your company bolster its security. The solution connects directly to your ERP system. As such, the solution eliminates the need for complex connections that otherwise create security gaps.
The benefits of an integrated eCommerce solution extend beyond cybersecurity, too. This solution simplifies inventory management and ensures you can provide real-time product information to your customers. It supports seamless order processing, so your customers can instantly complete transactions and receive their deliveries on schedule. An integrated eCommerce solution can even help your company deliver customer experiences that distinguish your business from its rivals and foster brand engagement, loyalty, and trust.
To get started with integrated eCommerce, explore the solutions available on the market today. Each integrated eCommerce solution offers its respective pros and cons. Evaluate these solutions carefully, and you can find one that aligns with your company’s expectations.
Make Network Security a Top Priority
Along with using an integrated eCommerce solution, it pays to prioritize network security. That way, you can safeguard your networks against cyber threats and help your eCommerce company grow.
No business is immune to network attacks. Once a cybercriminal breaches your network, he or she can perform a wide range of malicious activities. At this time, a cybercriminal can steal or destroy your data. In addition, he or she can plant misleading data in your system that can ultimately raise concerns about your company’s integrity.
Let’s not forget about the downtime your company can experience due to a network attack, either. Each second your network remains inactive can cause your business to miss out on revenues. At the same time, your employees may struggle to get their work done if your network is unavailable. Your customers may become discouraged with your business if they cannot access your network as well. They may reach a point where they no longer want to work with your business and pursue products and services from your rivals.
Do not wait for a network attack to occur. Instead, invest in network monitoring software, so you can identify cyberattacks and stop them in their early stages.
Also, team communication and collaboration can play a vital role in securing your networks. Educate your employees about network security. Implement a training program to teach these workers about network security dangers and how to detect and address them. Encourage workers to come forward with any network security concerns and questions.
Be Persistent to Guard Against Cyberattacks Now and in the Future
A cybersecurity analysis provides an excellent starting point for securing your eCommerce business. The analysis can illustrate your company’s cybersecurity strengths and weaknesses. It can give you insights into how to secure your website and other ways to bolster your security posture.
Of course, a one-time cybersecurity analysis is insufficient. You must conduct periodic evaluations to understand how your company can protect against cyberattacks. These evaluations can deliver immense value, as they can help you find the best ways to avoid data breaches.
Finally, remain diligent in your efforts to secure your eCommerce company. Do everything in your power to keep your company, its employees, and its customers safe against cyberattacks. As a result, your company can minimize the risk of data breaches long into the future.