Answer:
The question is one of Cyber Security.
To ensure security/privacy for online transaction while securing customer network, information and credentials, the first step is to ensure that:
1. The website itself is hosted with a very secure platform. This can be achieved by:
- Picking the right hosting company.
- Ensuring that your hosting company itself utilizes secure servers and networks.
- Adding a two-factor authentication for the C-Panel and other access points to the hosted website
- Ensuring that the website is secured using a Secure Sockets Layer (SSL) protocol. This certificate helps to ensure the authentication, encryption and decryption of data transmitted over the Internet.
2. Use Web Application Firewall (WAF)
This is a hardware or software system that allows authorized traffic and blocks unauthorized or potentially malicious access to a network.
3. Ensuring that the website is compliant with PCI DSS requirements
PCI DSS refers to Payment Card Industry Data Security Standard.
This technology helps to eliminate fraud and secure e-commerce websites.
4. Real-Time Bot Detection Technology
Bots are also used by malicious people to steal information and or vendor data. If the website is enhanced with a Bot Detection Technology, it will help reduce the effects of such.
5. As an e-commerce business, one must force users to use very strong passwords. This may be done a the point of registration. Passwords boxes besides having the regular encryption must be configured to accept only strong passwords.
Cheers!
