Types of Security Threats in an E-commerce Industry
                     
PowerPoint Presentation



Security Threats Haunting the 
E-Commerce Industry. How Can 

Security Testing Help? 


As being a QA specialist, then according to me your one of the biggest fear is permitting something large to get 
past. it.  

Although you are in this occupation, you might skip something that can make your boss behaves unconscious 
and scream at you. If not, at least you would be responsible for several difficult queries thrown at you. 

You might not be capable to protect yourself instantly; but, the response could vary on basis of the situation 
and the definite purpose behind the skip. Whatever be the case, you must not disaffect yourself totally and put 
the whole liability on the software developers.

Cybersecurity has become one of the crucial features of 
the e-commerce industry. Without maintaining proper 
security practices, online merchants p t themselves and 
their customers at high risk for payment fraud. Smaller 
companies have a higher risk of security scams due to 
inadequate internet security from cybercrimes. 

According to recent reports, one in five small business 
retailers falls prey to credit card fraud every year. 

Not just hacking, but accepting fraudulent payment has 
also become a huge risk for all e-commerce companies. 
These security issues not only cause financial 
consequences but also hamper a brand’s reputation. 

Especially at the time of the big sales like Black Friday and 
Cyber Monday, these fraudulent activities increase as the 
number of customers on the website increases. Last 
year’s Black Friday sale records speak for themselves. 


According to Adobe Analytics, U.S. retailers 
earned a record $7.9 billion on November 24, 
2017, an increase of nearly 18% from 2016. 

This activity pushed Amazon founder Jeff 
Bezos's net worth past $100 billion the day after 
2017 Thanksgiving. 


Threats For E-commerce Websites:

 Here Are The Main Forms Of Security Threats To An E-commerce Company:

1. Phishing Attacks

Phishing attacks target user data like login credentials and 
credit card numbers. These attacks use social engineering 
methods where an attacker poses as a trusted entity and 
deceives a victim into opening an email or a text message.


2. Credit Card Fraud:

Mobile App testing helps in releasing the software faster and 
with great efficiency. In order to release a failsafe software 
and build trust with your consumers.


3. Cross Site Scripting

This form of attack gives attackers the access to the user’s 
information that is stored in the user’s computer. In this attack, 
the attacker inserts a JavaScript snippet on a vulnerable web 
page, and to a browser, it looks like a normal script and is 
executed in a normal manner. These attacks leave the website 
vulnerable to phishing attempts or malware installation.


4. SQL Injection

Website security SQL injection can shake any website 
using an SQL database, which includes various well-known 
e-commerce platforms like Magento. 

In this type of attack, a hacker inserts malicious SQL 
statements in a payload which looks like an authentic SQL 
inquiry. The attacker creates an administrative account for 
himself, erase database entries, or view private 
information if they manage to access the database.


5. Distributed Denial of Service or DDoS Attacks

High-profile e-commerce sites are susceptible to the DDoS attacks, and 
smaller e-commerce sites may also be vulnerable if their DNS provider is 
targeted. This attack aims to take down the site by disturbing servers with 
requests. This attack overloads the servers, slowing them down 
considerably and taking the site temporarily offline, averting legitimate 
users from accessing the site or completing orders.


6. Bad Bots Aiming at E-commerce Industry

Bots are prevailing all over the Internet, and they can be both good 
and bad. Good bots are generally used by search engines to index 
and crawl the websites for search results. Whereas, bad bots gather 
information from websites such as card details, login details, etc. or 
take over real accounts by guesstimating the passwords.


According to a recent industry report, 97% of sites are hit with 
some sort of bad bots. For e-commerce sites, bad bots 
account for an average of 15.6% of a website’s traffic, with 
good bots accounting for 9.3% of traffic. 

It’s a huge risk to the e-commerce websites and applications. 


Solution: Security Testing

Using the right security testing methods, e-commerce 
companies can minimize the threat of fraud and instill trust 
within their customer base. By performing stringent 
security tests on an e-commerce website/application, 
companies can significantly reduce the number of errors 
and create a shield for your website before it is launched in 
the market. 

Hence, before your company becomes prey to the attackers 
and before it gets too late, make sure you evaluate your 
current testing program and consider executing end-to-end 
security testing. 


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