In the e-commerce industry alone, there are hundreds of thousands of sites in operation. All of these sites can benefit from investing in cybersecurity. Transactions conducted on e-commerce sites require the exchange of confidential data that can be compromised at any time if companies don’t have the right type of cybersecurity protection.
If a company’s data is compromised and hackers get ahold of customers’ credit card information, the company is responsible for that breach of data. What’s even worse is that it has now lost the trust of loyal customers, losing hundreds of thousands of dollars in revenue in recurring and potential new sales.
And it’s not just e-commerce companies that need to be wary of cyber thieves. Sensitive data like social security numbers, routing numbers, passcodes and other types of relevant information can be stolen for identity theft.
Cybersecurity is needed in every business industry.
Your company doesn’t have to be