Ecommerce Fraud Protection: 3 Steps toward a Safer Magento Store and a Secure Shopping Experience

1
Ecommerce Fraud Protection 3 Steps toward a
Safer Magento Store and a Secure Shopping
Experience
Call 1300 78 20 23
2
Its not uncommon for online retailers to face
brute-force attacks often. Like physical stores
are vulnerable to thieves and crooks, e-retailers
too have their fair share of fraudsters and
hackers stealing sensitive credit card details
and other confidential information from their
ecommerce sites. With advanced hacking and
phishing tools and software galore on the web to
fetch sensitive information like banking
credentials and user passwords, swindlers and
hackers, today, dont necessarily require any
additional skill or resources to perform
fraudulent transactions.
Call 1300 78 20 23
3
While fraudsters are getting more advanced and
tech savvy enough to mask their identity, its
high time that retailers take on effective risk
management practices to identify fraud and
protect their business while delivering secure
customer experiences. In addition, mentioned
below are three operational ways to deal with
fraud and prevent damage caused by unethical
fraudulent activities.
Call 1300 78 20 23
4
Evaluation and Proxy Detection A proven
technique to instantly identify fraud, proxy
detection service performs a real time analysis
of anonymous IP addresses to evaluate orders for
fraud transactions. Alternatively, retailers
can perform a web search for the suspected IP
address alongside keyword proxy, which will
identify if the address exists as a current proxy
on any public warning lists.
Call 1300 78 20 23
5
PCI Compliance Another good practice to
lessen your ecommerce stores vulnerability to
hacking and phishing attempts is to ensure your
online store is PCI compliant. Performing data
security scans on a regular basis to ensure your
compliance with PCI standards can save you a lot
of money and business loss. Those using Magento
as their ecommerce platform, must stay updated
with the latest version. The software
consistently roll out updates including security
enhancements that can help fix security issues
and improve customer experience.
Call 1300 78 20 23
6
Seek Expert Help As mentioned earlier, hackers
and fraudsters are quite technologically smart.
They can cost your business a lot of financial
and proprietorial damage before you could even
detect. Having a third party expert by your side
can help minimise the risk and even prevent fraud
from happening. Moreover, it is important for
ecommerce owners to know that not all Magento
experts specialise in Magento security practices.
So, before you hire one, make sure that
professional is well acquainted with particulars
of Magneto store security and can efficiently use
their expertise to enhance security around your
store. Needless to mention, there are
numerous fraud control techniques and practices
on the internet apart from the three mentioned
above. As an e-retailer, its your responsibility
to implement such practices in order to not just
combat fraud but provide your customers with a
safe shopping experience, the kind that motivates
them to keep coming for more.
Call 1300 78 20 23
7
Contact Us
Address Suite 610/12 Century Circuit Baulkham
Hills NSW 2153 Australia Phone [phone]
23 Fax [phone] Website
www.sigmainfotech.net.au