4 Risks that May Lurk in Dealing with your Magento Store’s Security

If you’re an online retailer, your website’s security is of utmost importance. Despite the fact that online transactions are so common now, if security is breached, and customer data is compromised it largely affects your business. If customers don’t feel comfortable visiting your store and sharing their payment details on your website, your business will suffer. If your site faces a security attack or malfunction, customer confidence is profoundly affected which results in damaged brand reputation.

Magento driven stores – A Lucrative Target for Hackers

Magento is a robust ecosystem operating more than 260,000 stores and handling over $100 billion every year globally. Today, numerous SMBs give preference to Magento Commerce platform, thanks to the extensive features and extreme flexibility provided by the platform. Magento 2 is equipped with robust inbuilt security features, modularity, functionality and customizability to make your store bullet-proof.

The other side, the scale of the hackers and attacks have become more difficult to deal with, because the knowledge of how to perform the exploits becomes disseminated, and computing power on large network links becomes cheaper to obtain. By unknowingly exposing customers’ data can prove fatal for an online store as it not only puts sensitive information at risk but also damages your brand to a great extent.

A recent hacking campaign that spanned over two years says, more than 6000 Magento stores fell victim to payment information theft. There’s a free Magento tool which allows you to scan your Magento eCommerce website and gives insight into the security status and advice on how to fix the major Magento security vulnerabilities like:

  • Credit Card Hijack
  • Ransomware
  • Cacheleak vulnerability
  • GuruInc Javascript Hack
  • Outdated Magento version
  • Unprotected development files
  • Default /admin location
  • Unprotected Magmi
  • Unprotected version control
  • Outdated server software
  • Security patch 5994 (admin disclosure)
  • Security patch 5344 (Shoplift)
  • Security patch 6285 (XSS, RSS)
  • Security patch 6482 (XSS)
  • Security patch 6788 (secrets leak)
  • Security patch 7405 (admin takeover)
  • SSL Certificate check

However, the key to the strength of security of your Magento store is getting a Magento Store Health Checkup at regular intervals.

What security threats and risks should your business be aware of?

Today, hacking has become more sophisticated, and there are always going to be security risks and threats to e-commerce stores and the platforms such as Magento. However, there are teams dedicated to safeguarding against Magento security threats, minimizing risks and resolving issues if security attacks do occur. It is crucial for business owners to be aware of these risks and perils to help reinforce Magento security patch check and implement the best practices for eCommerce store stability.

4 Most Vulnerable Security Attacks which may threaten your eCommerce

Server Attacks

Server attacks are a great threat for your website as it will cease to work correctly. Through this type of attack, hackers install malware which affects the functionality of your site and hamper your server’s data. In this attack, payment details are unlikely to be at risk, but the security and reputation of your eCommerce store will be damaged.

Website Defacement

The defacing of online stores and websites is often an attack aimed at spreading a message, usually to highlight the poor security of a site or platform. The site access and hosting controls are involved, and the visual appearance of a website can be altered or displaced. Through this attack, customer payment details are usually not at risk, but user accounts might be compromised.

Silent Card Capture

This attack is a severe threat to your eCommerce store, and this can have a potentially irreparable whack-on effect if allowed to compromise customer payment details. Through this attack, hackers install hidden malware or card capture software to extract the sensitive information like credit card details from consumers. The threat can occur at the checkout stage, as hackers can update the address of the payment process which means payment card details can be obtained from unsecured servers and false web pages.

Just as its name, it can go undetectable for a long period and till the threat has been identified, it may already have caused significant damage to your brand reputation and customer finances.

Botnetting

Botnetting is a security attack which is mainly a spam-related issue. It is a malicious web attack that controls infected computers and sends out spam emails. In a botnet attack, customer data may not be at risk, but your server can be blacklisted by spam filters. The result is that your deliverability will be limited.

Wrap Up

We can always install critical updates for Magento 1.x and Magento 2.x versions. The Magento developers at Krish TechnoLabs follow best coding practices and rigorous code review process to ensure that your store is well-optimized to defeat any threat. The team keeps up with latest updates in Magento and undergo regular training and awareness sessions on Magento store’s security. As an official Magento trained solution partner, we know when to update Magento code with new Magento security patches and are at the forefront of detecting and resolving new security vulnerabilities.

In the next blog post, we’ll cover the Magento security features and tips which will help users to safeguard their eCommerce websites and add another level of protection to their security controls with a long-term security strategy.

The Magento technocrats at Krish offer support and maintenance services for eCommerce stores. If you already use the Magento platform for your store and want further security advice or you are considering re-platforming your store to Magento or Magento 2, get in touch with our team now, or arrange an audit.

Jiten padmashali

CEO & MD of Krish TechnoLabs Pvt. Ltd, a full service eCommerce agency specializes in eCommerce consulting, design, development, integration, marketing and support.

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