TLDR:
- The e-commerce industry is growing rapidly, but cybersecurity risks are also increasing.
- Cybercrime is projected to cost $10.5 trillion annually by 2025.
The article discusses the top five cybersecurity tips for e-commerce brands in order to protect their business operations and continue to grow:
- Implement a Layered Cybersecurity Strategy that includes strong passwords, multi-factor authentication, and regular updates.
- Know Your Digital Footprint by auditing all physical and digital assets.
- Stay on Top of Industry Regulations such as consumer protection laws and PCI Security Standards.
- Train Your Team on cybersecurity best practices to prevent human errors.
- Prepare for the Inevitable by having a backup plan ready in case of a breach.
By following these tips, e-commerce brands can keep their operations secure and protect against cybercrimes.