It’s the holiday season! And while you are busy shopping, the Digital Grinch is lurking just around the corner. Global consumers are predicted to spend
43% of holiday shopping identity theft occurs online.
For most e-commerce organizations, Christmas is the busiest and most profitable time of the year. A cyber-attack during this season could significantly affect the sales. During the holidays, hackers are on the offensive stealing personal details, credit card numbers, and even bank account credentials from victims. According to a report by Adobe, Black Friday sales hit a record high of $7.4 billion in sales, up by $1.2 billion on Black Friday 2018. Parallelly, there was a 51 percent increase in phishing attacks on Black Friday (compared to an average day in 2019).
For businesses operating during the end-of-year season, as the office winds down for the year, hackers ramp up their operations. Operating with a skeleton crew it is possible to overlook security monitoring. With such vulnerabilities revolving around the holidays, one should be wary of online scams and ransomware attacks.
The rise of mobile commerce has introduced new avenues for hackers to exploit user data. With consumers dashing to attractive discounts, it’s easy to fall prey to cyber-attacks. The most common cybercrime during this season include:
- Identity theft
- Online scams
Protecting yourself from the digital Grinch
Hackers target enterprises during the holidays by handcrafted phishing mails, Trojans, worms, and malware. The key to protecting your sensitive data and digital assets is in knowing what you and your employees are responsible for. Here are a few tips to stay safe this holiday season at your enterprise:
- Network and application firewalls should be enabled with strict filtering.
- Ensure your libraries are updated.
- Prevent injection attacks by filtering user data at the inputs.
- At least one IT security team should be made available during the holidays to monitor, identify, and manage security alerts.
- Get your code reviewed by in-house IT security or by security experts like Entersoft Security.
- Make sure the employees have enough awareness and do not fall for phishing scams.
- Use secure mobile apps CMS to ensure content is sent securely.
- After the holiday period, update all your anti-virus software. A comprehensive scan should be performed on all the network components and systems
Be prepared for the next holiday season with your cybersecurity strategy. Entersoft can help you protect your enterprise and consumers from evolving threats. We specialize in application security, ensuring you get to shop carefree this holiday season.