Ec Security Threats

COURSE TITLE: E COMMERCE
PAPER CODE: CIT 4203

LECTURER:
TOPIC: E-COMMERCE SECURITY THREATS AND IMPLEMENTATION
Objectives:
 Introduction
 Types of EC security attacks
 Implementations
 EC security best practices/measures
Introduction:
Security Threats to E-commerce:
E-Commerce security requirements can be studied by examining the overall process, beginning
with the consumer and ending with the commerce server.
Considering each logical link in the commerce chain, the assets that must be protected to ensure
secure e-commerce include client computers, the messages travelling on the communication
channel, and the web and commerce servers – including any hardware attached to the servers.
Types of E-commerce security attacks and their implementations:

Here are numerous cyberattacks that could endanger your online business. It is critical to
understand these threats and how to avoid them. The 8 most common e-commerce security
threats are:
1. Phishing attacks
Threat: Phishing attacks, disguised as legitimate communication, attempt to trick users into
disclosing sensitive or personal information such as passwords, and banking details. Hackers will
take steps to appear to be a trustworthy company, such as including links to pages that look
similar to sites the victim is familiar with.
Protection: Implement employee training programs to raise awareness of phishing techniques.

Set up email filtering systems to detect and prevent phishing attempts. Communicate security
best practices to users on a regular basis, emphasizing the importance of checking sources before
clicking on links or sharing information.
2. SQL injection attack

Threat: Most e-commerce sites keep databases of customer information such as email addresses,
physical addresses, phone numbers, and so on.
3. An SQL injection attack grants unauthorized access to these databases. A malicious piece of
code can be used to bypass an authentication page and gain access to the entire back-end
database. The user can then steal, modify, and delete the data.
Protection: To validate and sanitize user inputs, use parameterized queries and prepared
statements. Conduct code reviews and vulnerability assessments on a regular basis to identify
and correct potential SQL injection points. To detect and prevent SQL injection attempts, use
web application firewalls (WAFs).
4. Malware and Ransomware

Threat: Malware – an abbreviation for “malicious software” — is software that is specifically
designed to disrupt, damage, or gain unauthorized access to a computer system. Ransomware, for
example, is a type of malware that encrypts a victim’s files until the victim pays the attacker to
decrypt them.
Malware has the potential to cause significant disruptions to you, your employees, and your
customers. Attacks can halt your operations and prevent you from accessing critical systems.
And malware removal is costly.
5. Cross-site scripting XXS

Threat: Cross-site scripting (XSS) is an e-commerce security threat in which a hacker inserts
malicious code into a legitimate website. When a user visits an infected website, this code will
attack them.
Client impersonation, keystroke logging, file/webcam/microphone access, and identity theft can
all result from XSS.
Protection: To avoid XSS vulnerabilities, use secure coding practices such as input validation
and output encoding. Scan web applications on a regular basis for potential security flaws.
6. Man in the middle attack

Threat: A Man-in-the-middle attack is also known as an “active eavesdropping attack.” A third
party listens in on a conversation or data transfer between two parties. This third party can also
inject malicious software into the files being exchanged, infecting additional systems after the
attack is complete.
Protection: To secure data in transit, use encryption protocols such as SSL/TLS. For internal
communications, use secure and authenticated Wi-Fi networks.
7. DDoS Attacks
Threat: Distributed Denial of Service (DDoS) attacks flood websites with traffic, causing
disruptions and making them inaccessible for a short period of time. The consequences of DDoS
include a decrease in legitimate traffic, lost business, and reputation damage.
Protection: To detect and mitigate large-scale attacks, invest in DDoS mitigation services. Use
Content Delivery Networks (CDNs) to distribute traffic and mitigate potential DDoS attacks.
Test and optimize incident response plans on a regular basis to reduce downtime during an attack.
7. Insider threats
Threat: Insider threats pose a significant risk to e-commerce businesses. Ex-employees may try
to steal company data or proprietary information and sell it to a competitor. Alternatively, they
may try to lock or delete company data, causing your business to suffer.
Protection: To limit unnecessary access, implement strong access controls and privilege
management systems. Regular security training is required to raise awareness about potential
insider threats. Monitor and audit user activities in order to detect and respond to suspicious
behavior as soon as possible.
In the ever-changing landscape of e-commerce security, a multi-layered defense strategy,

combined with user awareness and proactive measures, is critical to protecting digital assets and
retaining online customers’ trust
E-commerce Security Best Practices
Here are some precautionary measures you can take to reduce the risk of e-commerce security
breaches:
SSL/TLS Encryption
Implementing a Secure Socket Layer (SSL) or Transport Layer Security (TLS), establishes a
secure, encrypted connection between your web server and the browsers of your customers,
ensuring that sensitive information, such as login credentials and payment details, remains
confidential during transmission.
Safe Payment Processors

Make use of trustworthy payment gateways that comply with the Payment Card Industry Data
Security Standard (PCI DSS). These services manage the safe processing of financial
transactions, guarding against possible breaches of sensitive payment data.
Frequent Security Inspections

Undertake regular security audits and evaluations to pinpoint vulnerabilities and possible
shortcomings within your e-commerce system. Testing the security of your system on a regular
basis enables you to find and fix problems before hackers can take advantage of them.
Enhancing Access Controls with Multi-Factor Authentication (MFA) Technology

To add an additional layer of verification beyond the use of standard username and password
combinations, implement multi-factor authentication. Usually, a backup method of verification is
used for this, like a code that is texted to the user’s phone temporarily.
Device security
Your data will be further secured by installing a reliable antivirus program, maintaining network
security with firewalls, and making sure these platforms receive regular updates. These measures
will also help to keep your e-commerce platform free from interference.
Advanced Cybersecurity Solutions

You can significantly improve the security of your e-commerce business by selecting a
specialized cybersecurity solution designed for e-commerce, like Strobes. Strobes provides a full
range of services and tools, such as monitoring, comprehensive vulnerability scanning, and real-
time threat intelligence.
Integrating e-commerce-specific cybersecurity solutions guarantees a proactive strategy for

spotting and eliminating possible threats before they have a chance to harm your online
company.

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COURSE TITLE: E COMMERCE

PAPER CODE: CIT 4203

Types of E-commerce security attacks and their implementations:

Protection: Implement employee training programs to raise awareness of phishing techniques.

2. SQL injection attack

4. Malware and Ransomware

5. Cross-site scripting XXS

6. Man in the middle attack

In the ever-changing landscape of e-commerce security, a multi-layered defense strategy,

Safe Payment Processors

Frequent Security Inspections

Enhancing Access Controls with Multi-Factor Authentication (MFA) Technology

Advanced Cybersecurity Solutions

Integrating e-commerce-specific cybersecurity solutions guarantees a proactive strategy for

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