Go to listing page

Cyber threats loom on the e-commerce sector during COVID-19 epidemic

Cyber threats loom on the e-commerce sector during COVID-19 epidemic
During the COVID-19 epidemic, the sophistication of cyberattacks has grown multi-folds and e-commerce is one of the worst-hit segments, frequently targeted by innovative cyberattackers.

Recent attacks on e-commerce

The e-commerce industry has testified several cyberattacks in recent months.

  • In April 2020, a new Magecart skimmer dubbed MakeFrame had compromised at least 19 different e-commerce websites to steal payment card details of their customers.
  • In March 2020, hackers had collected around $1.6 million by selling over 239,000 payment card records on the Dark Web, that were collected from thousands of online shops running a vulnerable version of Volusion e-commerce software.
  • In Jan 2020, hackers were seen targeting e-commerce sites powered by AmeriCommerce software by injecting a malicious script with the ‘Add to cart’ button, which could change the value of the form’s action parameter.

Key threats to e-commerce

An e-commerce website may be targeted by cybercriminals in any one of the following ways:

How to stay safe

Businesses involved in e-commerce should keep with websites and IT infrastructure up-to-date with the latest patches. Regular audits and scans for the presence of vulnerabilities and rogue code can help fill any loopholes in security.
Cyware Publisher