E-commerce does offer convenience and ease in shopping, but on the other hand it also invites potential security threats. E-commerce business actors and consumers both have a responsibility to understand and overcome these security challenges.
There are various types of security threats lurking in e-commerce, including:
Phishing Attacks: Fraudsters impersonate trusted entities to trick chinese overseas british database victims into providing sensitive information such as passwords or credit card details.
Malware Attacks: Malicious software infiltrates a user's system through infected links or attachments, stealing personal information or corrupting data.
Identity Theft: The perpetrator accesses the victim's personal information and uses it to create fake accounts, make unauthorized purchases, or commit other fraud.
Data Breach: A company database is hacked, exposing sensitive customer information such as addresses, phone numbers, and financial information.
Freight Fraud: Fraudsters pretend to deliver goods but never actually do, deceiving consumers and harming businesses.
Prevention Efforts
To address these security threats, e-commerce businesses and consumers must take preventive measure.