Posted on

4 Security Standards Every Online Retailer Must Follow

external content.duckduckgo 21

Frankly, the cornerstone to any successful e-commerce business is its website security. As an online retailer, you may put in all other marketing tactics and efforts but if your website security is not on point, you may not see impressive results. As a matter of fact, the complexity involved in the online transaction ecosystems is extremely vast and keeps on changing. There is no individual out there who would be willing to give their hard-earned money to an organization or company they can’t trust.

Moreover, it is the responsibility of merchants to ensure simplicity, speed, and security to their customers. But for this to happen, the best security standards should be observed, given the countless vulnerabilities faced by online businesses out there. This helps protect both customer data and business information from falling into the wrong hands. With this having been mentioned, here are four security standards that every online retailer must follow.

1. PCI Compliance

PCI or Payment Card Industry compliance is a set of both technical and operational requirements that ensure secure credit card data processing, storage, and transmission in a safe environment. Launched on September 7th, 2006, this standard manages PCI security standards and ensures top-rated account security throughout the entire online transaction processes involved in the payments industries.

Also, PCI compliance standards vary for different organizations depending on their specific needs and the amounts transacted daily. So, since most e-commerce organizations handle their merchants’ PCI compliance, they must stay PCI compliant. They should encrypt customer-sensitive information since this information can be stolen and used for the wrong purposes. As explained at https://www.securetrust.com/payment-card-industry-compliance/, this warrants working with an expert PCI compliance service provider or consultant. They help make it easier for you, saving you time that could be used on other operational business tasks. With expert hands in your corner, you don’t have to scratch your head perusing through the complex paperwork and gibberish technical jargon.

2. SSL Certificates

The SSL certificate ensures safe and secure transmission of sensitive information via the internet through proper encryption. When shopping online, customers provide data. The shared data travels across the internet in a specific way. It goes through multiple servers before reaching the final destination. This means that the data can be intercepted and stolen at any point while on transit, and that’s risky. SSL certificates make all the sensitive data such as passwords, usernames, and credit card information unreadable until it reaches the intended destination server.

Ensuring safe and secure online data transmission using an SSL certificate is not only for security purposes. It also comes in handy in building trust with the online site visitors and prospective customers. Also, don’t forget to catch up with the latest changes on the SSL, from SHA1 encryption to SHA2 encryption.

3. HTTPS

If you are a newbie, HTTPS refers to Hypertext Transfer Protocol Secure. This is another secure protocol for transmitting data over the web and is more secure than the HTTP protocol. HTTPS includes robust SSL/TLS authentication protocols, unlike HTTP. With HTTPS, you can securely transmit sensitive data over the internet. This includes sensitive information such as credit card information, login credentials, bank information, and so on. Also, it provides a secure and safe environment for carrying out all your online activities such as online shopping, banking, or even secure remote working, and so on. Surprisingly, even most website developers nowadays have embraced HTTPS as a standard protocol when creating website applications due to safety and reliability.

4. Proxy Firewalls

Proxy firewalls serve as an intermediary connection the same as the application gateway does. However, they do that more securely as compared to application gateways. With proxy firewalls, the connection does not go all the way through to the destination but they prevent a direct connection between the systems. Instead, a new connection is started at the proxy firewall. That way, it would be hard even for the smartest hackers to determine your network.

The ability to hide your network connection goes a long way in discouraging network intruders who might be having harmful intentions through your network. Nevertheless, these firewalls need to be configured properly and with the right information. That’s the only way they can detect any malicious traffic then take the necessary action. Essentially, they should be configured to only allow the right information and block the rest.

As highlighted in this piece, cybersecurity is paramount in today’s world. It is crucial for every business or organization involved in online retail services such as online shopping, banking, and so on to stay on top of all these online security standards. This helps make customers feel more secure with the online retail services while also enhancing the company’s reputation. With this information, you will hopefully step up your game and ensure bullet-proof security for your online retail business.

Leave a Reply

Your email address will not be published. Required fields are marked *