Cyber-security is indispensable due to the increasing data breaches payment gateways are facing. Taking necessary security measures is critical to protect both consumers and the business.
Data breaches not only pose security risks, but hold the potential to adversely impact your business due to loss in customer trust.
An online payment gateway is among the vital components of an e-commerce store, because of which no stone should be left unturned in the cyber-security department.
As a merchant, the responsibility to have the purchasing process under control so that risk is reduced at every step of a checkout lies on you. Data thieves’ are always one step ahead with regard to how new technologies function. This makes it imperative to strictly minimize the vulnerable points of your online payment gateway.
Even though technology is developing rapidly, keeping up with these changes to completely prevent fraud is a herculean task. Thankfully, there are warning signs you can look for to minimize the occurrence of such activities.
Following are some ways to safeguard your business from cybercrime:
1. Monitor orders before shipping
This includes international orders as well. While this could be a time consuming process in the long run it will save you money. Getting a signature upon delivery is another good way of checking that the order has been delivered to the right person. Pay particular attention to late night and early morning orders, as it’s the time period fraudsters often make purchases.
2. Avoid Using HTTP
Make sure the merchant login page is not in HTTP. If you use a web page that is in HTTP you make your page vulnerable to many kinds of security threats. Redirecting users to fake login pages, changing important details on the page in the middle of a transaction and submitting data are possible in HTTP. To avoid such dangers, most login pages are in HTTPS format which is very secure.
3. Using HSTS
HSTS stands for HTTP Strict Transport Security. It can be understood as a type of a header that directs a browser to HTTPS whenever a particular site is opened.
Once the user visits the site that has been preloaded with HSTS, he is unable to get access to the site using HTTP ever again in the future.
4. Using Secure Cookies
Cookies might sound harmless, but they shouldn’t be taken for their face value. Cookies must be marked as secure so that the browser can transfer cookies when the request is in HTTPS. Secure cookies will prevent the browser from transmitting data whenever the site is in HTTP. By doing so, even if a hacker has access to your cookies he will be unable to control sensitive data and make any problematic changes.
The best online payment gateways in India ensure they have strong safety measures in place to protect your business from the rising cyber-crime, so make sure you choose one that offers the highest degree of security.