Protecting sensitive business information has become important now that Internet handles millions of transactions each day. Since businesses are becoming increasingly reliant on the web for transactions, companies must actively seek out ways to protect data collected for liability and trust reasons. Here’s how you can protect vital business information and manage your transactions securely.
Protecting against Phishing Attempts
One of the most common problems customers encounter online is the threat of phishing. Password phishing makes customers vulnerable by sending seemingly official emails from trusted brands familiar to the user. Companies have begun using tools like one-time password tokens, device identification, image selection, device reputation and challenge questions to protect user information. Deploying these solutions adds another tier of support for hackers who aim to steal banking credentials to access privileged information.
Prevent potential Security Breaches
Encrypting data is another way to address the threat of security breaches. Use of Wi-Fi networks and accessing sites from different devices makes encryption that much more useful. Professionals, like those at Stealthbits, realize that most breaches hinge on the use and abuse of legitimate accounts and access. Deploying encryption technology like layering and the use of tokens when using POS or EMV systems. The confidential information is protected because it makes it much more difficult to crack passwords. It also makes it that much more difficult to decipher information once they’ve inappropriately accessed the network.
Use Scanning to Monitor Applications and Websites
Smart scanning is essential for business websites. Customers can unknowingly complete transactions on hacked websites. The hacked websites can be attacked through a range of vulnerabilities, and customer information can be accessed. Scanning technologies can use specialized testing conducted in real-time to identify flaws and coding errors that puts customers at risks. The automated application scanning technologies can identify all sorts of loopholes that owners may be unaware of on the site.
Website Certification
One option is to adopt a PCI compliance policy. The certification is required for most sites that offer the option of completing transactions using major credit cards and debit cards. This certification can reduce changes of a potential data breach. Another certification option is SSL. SSL behaves similarly to a unique identifying mechanism. The address changes to an “https” location and triggers an encryption process.
Customers expect the flexibility of completing transactions in a variety of ways. Being able to complete transactions online is convenient for most customers, so implementing these safeguards are necessary to create a much safer shopping experience with fewer risks.