CODESEALER EXPERT BLOGS

Application Security For Retail & ECommerce Applications

Application Security For Retail & ECommerce Applications

“We know our clients and their needs… We aim to provide consistently high-quality products and services for them. We should also take care of the scalability of our website since we don’t want to lose customers due to the failure in the peak hours, right?” – that’s a logical and viable strategy for running an online retail business. Despite your dedication to customer satisfaction and the seamless operation of your platform, threats may be silently lingering, working their way into the system without any consequences, like performance degradation.

Online shopping has become a common part of our daily lives, with a projected 267.83 million digital buyers expected in 2024. The proliferation of e-commerce sites, numbering between 12 million and 24 million worldwide, shows the convenience it brings. However, this convenience is not without its challenges, as the broad digital landscape exposes us to various web-based threats.

The growing landscape of technologies complicates security mechanisms, often focusing on scalability and reliability during peak hours while omitting crucial security features. While your customers enjoy the comfort of online shopping, the security standing behind the walls of their shopping experience often goes unnoticed. Customers willingly share sensitive information without visibility into how it’s used or stored. Examples of this sensitive data include 

  • credit card details
  • addresses 
  • personal contact information 
  • login credentials 
  • purchase history 

Simultaneously, online retailers, with their intricate network of API connections and third-party dependencies, become susceptible to client-side and business logic abuse attacks. Recent research by Verizon reveals that web application attacks are implicated in 26% of all breaches, making them the second most common attack pattern. However, it’s not just applications that are vulnerable. According to SiteLock’s analysis of 7 million websites, the average site faces a staggering 94 attacks every day and is visited by bots approximately 2,608 times a week.

In this digital battleground, prioritizing the security of your e-commerce platform is not just a choice but a necessity. With cyber threats evolving at an alarming pace, failure to safeguard your customers’ sensitive data could result in irreparable damage to your brand reputation and financial losses. Consider the financial aspect – the cost of data breaches for online retailers is substantial. IBM Security’s annual “Cost of Data Breach Report” revealed that the average cost of a data breach in the retail industry is $3 million. This cost encompasses expenses related to investigating and containing the breach, notifying affected customers, and the subsequent loss of business due to a damaged reputation.

Enter Codesealer, a solution that secures your web application without requiring additional code changes or causing delays in time to market. With Codesealer, we seal the APIs, exposed scripts, and customer data, leaving no chance for violation and ensuring a robust defense against evolving cyber threats. 

As an online business owner, are you ready to provide a secure experience for your customers?

MORE EXPERT BLOGS

Read more from security experts around the world.

security when shifting left

security when shifting left

Security matters to everyone involved in application development and support, from the design phase to deployment. Whether you're a developer, security or operations engineer, or the CISO of a company, you're already considering security. Shifting security left...

read more
Security best practices in Kubernetes context

Security best practices in Kubernetes context

Kubernetes is a cutting-edge technology that revolutionizes how applications are deployed and managed. It simplifies the process of orchestrating containers, making it easier for developers and IT teams to build, scale, and manage applications seamlessly. Kubernetes...

read more
What Is Spooling In Cyber Security?

What Is Spooling In Cyber Security?

What Is Spooling In Cyber Security? Have you ever encountered it before? Before we start on what data spooling means, first of all, let us explain what Cyber Security is in simple words so that everyone gets an idea of what we are talking about. And how spooling...

read more
API ATTACKS! Types & Prevention

API ATTACKS! Types & Prevention

An API attack is a hostile attempt to change the details, steal information, or threaten the authorities. The API attackers use the loopholes available in the system to get the desired information, and sometimes, they change the entire result coming out of data...

read more
Evolution of Signature Based Detection in Cybersecurity

Evolution of Signature Based Detection in Cybersecurity

The Efficacy and Evolution of Signature-Based Detection in Cybersecurity In the ever-evolving landscape of cybersecurity, signature-based detection stands as one of the foundational pillars of defense against digital threats. This method involves identifying malicious...

read more
14 best Kubernetes Security Tools

14 best Kubernetes Security Tools

In the digital realm, app security is a major concern. Many use modern security tools to manage and run applications smoothly and deal with digital threats. One such tool is Kubernetes security tools. Kubernetes is an orchestration platform that has become quite...

read more
what is a replay attack? A Complete Guide

what is a replay attack? A Complete Guide

What if the inaccessible security measures protecting your digital transactions could be misguided, allowing unauthorized third-party access to sensitive information? This problem gives rise to the concept known as a “Replay Attack.” Well, the main question is, what...

read more
Software Security Audits

Software Security Audits

The Crucial Role of Software Security Audits in Ensuring Robust Cyber Defenses In an era where digital vulnerabilities and cyber threats pose substantial risks to organizations and individuals alike, the significance of software security audits cannot be overstated. A...

read more