eCommerce Fraud is a major threat to many small businesses and entrepreneurs. Almost 60% of small businesses are out of business after a cyberattack. It is vital to implement measures of protection for your ecommerce store. One of the first measures you could implement is converting your website to HTTPS. Making this transition will help attract legitimate customers and deter criminal attacks. Another popular method to combat these attacks is using a two-factor authentication system. This requires customers to use two forms of identification when completing transactions. If you are interested in more tips on how to prevent eCommerce fraud, make sure to check out the infographic below.
Infographic created by First Data, an emv processing company