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The rapid growth of the eCommerce industry has introduced new security threats, with credit card information stealing and carding attacks being among the most damaging to both online businesses and their customers.
Studies have shown that by 2024 online payment fraud will cost eCommerce businesses over $25 billion in losses annually. It’s clear that the old approaches to cyber security are no longer effective, and you can not rely on outdated technology to protect your eCommerce business.
In this guide, iThemes is taking a deep dive into carding attacks, explaining why bot-driven payment fraud is on the rise and what you can do today to reduce its impact on your online store. You will also learn how to check whether your eCommerce store is free of any malicious code stealing your customers’ card details and how to keep your customers’ shopping experience secure.