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Get your snapshot!A secure site is as important as speed to protect a brand’s bottom line.
The recently published Site Speed Standard benchmarking data has proven that site speed and performance are critical to higher conversion rates and lower bounce rates. But the other important topic that eCommerce brands must keep top of mind is cybersecurity. A secure site is just as important as speed and performance when it comes to protecting a brand’s bottom line. Fast page load reduces bounce rates and improves conversions, but if your site has a reputation for being unsecure, shoppers won’t buy from it, no matter how well it performs. Read on to learn about cyber-attack vectors that threaten your customers’ data and your brand’s reputation.
Attack vectors are a method for cyber thieves to exploit holes in an organization’s network or its users’ browsers. Cyber thieves’ main goal is to overtake, steal, or harm, and they are constantly looking for weaknesses in systems and sites. For eCommerce brands, unmonitored 3rd party technologies are one of the biggest gateways to a cyber-attack.
There are a multitude of attack vectors that affect the eCommerce industry. Some of the most famous are Magecart attacks, where attackers gain access to websites via 3rd party services by injecting malicious JavaScript. This allows attackers to steal customers’ personal identifiable information (PII) like card numbers, addresses, phone numbers, etc.
Here is a comprehensive list of attack vectors that exist in the eCommerce world:
The list will continue to grow because cyber thieves are always finding new and creative ways to gain information and cause damage.
Brands can face major lawsuits and settlements, lose out on revenue, and take a big hit to their brand image if their security posture is weak and they’re attacked. Remember when Target underwent a major attack via a 3rd party vendor, with nearly 70 million people having their PII stolen? The settlement cost the company millions of dollars, with additional money being spent to tighten security measures. For a giant like Target, this may have been a slap on the wrist. But for niche brands, this could be disastrous.
The amount and variety of attack vectors can be overwhelming. Maintaining a robust security posture takes layers of defense capabilities procured from different vendors. One security vendor can’t offer the whole solution, so online retailers need to keep current with the options that are available. Brands should seek out different security measures to keep their sites secure. The most important thing to do is continue to add and maintain layers of defense against cyber-attacks to keep your site, your reputation, and your bottom line safe.