No matter if your business is a small store or a major retailer, selling online is no longer optional; it’s necessary. With news of so many online security breaches among huge stores like Target and Walmart, how do you make sure your store isn’t a victim of a data leak? Let’s look at ways of securing your online store.
The cloud opened risks never thought of before. But the biggest risks come from basic weaknesses involving easy fixes. Users can access malware-laden websites or download viruses through personal email. You can limit your employees’ access only to files for doing business.
Weak passwords cause another gap. Always make sure passwords have as many variables as possible, such as uppercase and lowercase letters, numbers, and symbols. Make sure your system configurations are set up correctly and with proper security protocols. Avoid older technology that does not meet current security requirements.
Tokenization involves substituting credit card information with unrelated values. Although this system offers an easy solution, tokenization lags behind e-commerce growth. Existing tokenization databases have become overcrowded, cumbersome, and costly. Instead, try newer, less costly solutions like stronger passwords and 24-hour system monitoring.
A ransomware attack destroyed data within Code Spaces’ Amazon Web Services (AWS) account in 2014, leading to Code Spaces shutting down for good. Amazon offers one of the top cloud services for businesses, but the responsibility for keeping data safe and ensuring AWS security is a shared responsibility between AWS and its clients. Amazon’s security covers its own infrastructure such as computers, storage, networking, and database services from the host’s perspective. It protects against hackers and malware attempts from the cloud, but moving data from your store to the cloud is your responsibility.
AWS offers CloudTrail, which generates logs of files and gives clients continuous monitoring of their activities. To truly reap the benefits of CloudTrail, turn on the validation, so any changes to files show up in the log tracking. CloudTrail logs access requests and identifies potential unauthorized access to your data. Also, use the multifactor authentication for encrypting log files so only authorized people see the tracking.
AWS also provides identity and access management (IAM). Use IAM for reducing the risk of an individual user getting excessive or unnecessary permission for gaining data. IAM lets users fulfill their job duties but allows access only to files that are relevant to employees’ responsibilities. Rotate the IAM access keys regularly, and specify the number of days for password expiration. Make sure passwords include at least 14 characters, including a symbol.
Threats are inevitable, especially for retail businesses. Instill a culture of security procedures for your employees and customers. Educate users on effective password creation and safe network procedures. Broaden your security to not only detect breaches but assess damages. A speedy response helps lessen the loss of consumer confidence. Keep your access permissions updated and monitored. In addition to securing your store systems, make sure third-party vendor links follow your data and your customer’s data stay protected.