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How Not to Get Hacked: 8 Security Steps for Your Small Business

Tag: online security

How Not to Get Hacked: 8 Security Steps for Your Small Business

How Not to Get Hacked: 8 Security Steps for Your Small Business

Hacking is a very real danger for small businesses that go online to connect with more customers and improve their sales. Just like a physical store, your e-store or website is not safe unless you take proper precautions against fraudsters who want to steal your sensitive information, customer data or card details. Hackers often have other malicious intents too, like tarnishing your reputation by changing the website content or putting offensive messages on your customer’s screen. And they are fast too, which means you must be on your guard always to prevent security breaches and report hacking attacks whenever they happen. It is your legal obligation these days as well. So, here are 8 ways to get started:

  • Be more careful about access control – You need to make your website’s admin level stronger to prevent the entry of hackers. So, request your customers to use usernames and passwords that are complex and hard to guess. Changing the database prefix from wp6 to something which is more difficult to guess is a good idea too. Put a limit on login attempts, as email accounts get hacked too nowadays and sending a password reset link numerous times can pose risk. Avoid sending login information via email, or a hacker who has gained control over the account can use it for malicious purposes.
  • Never ignore updates – Installing regular updates on your system is essential if you want your security software to actually prevent hacking incidents. If you delay an update, your website will get exposed to the possibility of phishing attempts or identity thefts. Do note that hackers are constantly looking for websites that have security vulnerabilities, and once any one hacker knows how to get into your system, even others will.
  • Consider installing security applications – By installing paid security applications, you can prevent hacking attacks better. They offer an extra layer of security and conceal the identity of your website’s CMS as well. These applications work very well against automated hacking tools, which go through numerous websites in an hour to look for security vulnerabilities.
  • A WAF or Web Application Firewall is a must – This software or hardware based firewall is like a filter between your data connection and website server. It reads all the data that passes through it and can hence prevent hacks, malicious bots and spamming. A WAF is usually cloud-based and has complete control on the incoming traffic for your website.
  • Enhance network security – There are some simple measures you can take to avoid getting hacked on a daily basis. For instance, make sure your customers as well as employees change their passwords regularly. Also, passwords should be complex, hard to guess and should never be noted down anywhere. Logins should expire if the session is inactive for a while. And every time a device is connected to a network, it should be checked for malware.
  • Use a payment gateway with SSL – Every small business needs to use a secure payment gateway like PayTabs where an encrypted SSL protocol is used to transfer sensitive information between your database and website. This way, no one can read or access data like customer details or card information while they are being transferred, without proper authorization.
  • Avoid free Wi-Fi – If you are connecting to the internet outside office, try using a private hotspot through your smartphone or a VPN. Stay away from free Wi-Fi connections. A VPN will first log you into a private network before you can gain access to an open network, and hence is an added layer of safety.
  • Backup always – A website can sometimes become a prey to hacking attacks, despite the many security measures you take. Hence, it is wise to backup data and files every day, multiple times. Try to backup both onsite and offsite and in several locations. This way, you will still have your data if your hard drive fails.

As a small business in the online world, you need to be extra careful to keep hackers and fraudsters at bay. So, keep the above tips in mind and stay updated with steps to prevent hacking in future as well.

Payment Gateway Selection: 6 Factors to be Considered

Payment Gateway Selection: 6 Factors to be Considered

If you take a step back and look at the entire e-commerce ecosystem, you would realize that one of the key elements of an e-commerce portal is the effectiveness and efficiency of your Payment Gateway. As you are in the process of choosing a payment gateway, we are here to give you a ready reckoner on the factors to evaluate while considering a payment gateway.

  1. Security: In a world where cyber security risk has been growing by the day, it is critical for you to check the security parameters of the gateway. Look for a PCI-DSS certification apart from elements such as anti-fraud protection, 3D secure authentication for cards.
  2. Ease of Integration: There are multiple platforms, on which your e-commerce portal might have been built, be it Magento, Shopify, OpenCart, Woo Commerce, PrestaShop, etc. The payment gateway should be easy to integrate onto any of these shopping cart platforms. Whether it is Mobile SDK, Direct API, iFrame or Express Checkout, the method of integrating with your shopping cart should be hassle free with minimum documentation.
  3. Mobile Optimization: The penetration of mobile onto or lives has been wide reaching an m-commerce is at the forefront of the mobile revolution. Customers are shopping through the mobile like never before. As per latest data, over 2 Billion mobile and tablet consumers will engage in some form of mobile commerce transaction by the end of 2017*. The gateway you select should provide a seamless shopping experience for the customer, irrespective of the type of device.
  4. Merchant Support: Payment Gateway technology support is critical to the success of your e-commerce portal in today’s day and age. 24×7 dedicated support is an imperative for you. It is basic but very critical for you.
  5. Currencies and Alternative Payment Methods: The world has indeed become a small place and the consumer can be located anywhere. It is therefore a necessity in today’s global marketplace that a payment gateway has provisions for payments in multiple currencies and a plethora of alternative payment methods to enhance customer experience.
  6. Fees: The operative word in the realm of fees is transparency. Set up fees, transaction fees, net banking transaction fees, different transaction fees on different cards, annual maintenance fees, etc…. The entire gambit of fees can be burdening for an e-commerce entrepreneur. They key is to select a gateway, which has no hidden fees. All their fees need to be disclosed, before you sign on the dotted lines.

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Moreover, you can evaluate the features on PayTabs and should you be interested in a free demo, you can sign up here.

*Data Source: E-Marketer & E-Consultancy

The Security Imperative for Payment Gateways

The Security Imperative for Payment Gateways

 

“There are risks and costs to a program of action—but they are far less than the long range cost of comfortable inaction.”

John F Kennedy

It would be perilous to be comfortably inactive in a dangerous world of hackers and data thieves.

In a world that’s becoming increasingly being accustomed to data breaches and cybersecurity risks. It is therefore imperative that necessary safeguards must be put in place to protect the consumer and the enterprise. Security invariably is an issue in the payment gateway space. Consumers won’t pay online if the system isn’t secured. It is a trust issue.

Security is a big factor in the e-commerce space, hence we as an industry have come up with a whole host of symbols to drive consumer confidence.

The Security Imperative for Payment Gateways

The Security Imperative for Payment Gateways

The payment processing industry has gone through a paradigm shift in recent times owing to significant growth in the e-commerce space, in emerging markets where e-commerce companies have sprouted in huge numbers and have been instrumental in driving consumption.

In such a scenario, the payments processing industry has been moving through with security measures which improves data protection yet retaining the efficiency of transactions. The trends that are driving the payments processing industry from a security standpoint are as follows:

  • Integrators are taking the QIR program seriously
  • More payment solutions are seeking P2PE validation
  • EMV certifications are faster and more robust
  • End users are willing to pay for security

The last point among the trends is particularly interesting and goes to show that the consumer cares for security while making a payment and does not really mind shelling out extra for having the peace of mind while transacting on the web.

In fact, we at PayTabs understand the critical nature of payments security, hence we have a robust security infrastructure to offer the highest level of security, for your transactions and your customers.

Given below are some of the salient features of our security Infrastructure:

  • 3D Secure Authentication through Mastercard SecureCode & Verified by Visa
  • Dual Layer Fraud Protection & Management
  • PCI-DSS Certified
  • Digicert-EV SSL Secure
  • 99% fraud free transactions

Visit our homepage to know more or leave a comment below, if you have any queries or insights. We would love to hear from you.

How To Fully Protect Yourself Online

Security is a vital element when it comes to safely surfing the internet.  If you are one of the several million people who use online payments, providing sensitive information over the internet can leave you targeted by hackers looking to take advantage of your internet activity. Whether it’s about online safety, online payments or data clouds, the following tips will provide you with what you need to know to make sure you stay safe and secured on the internet:

  • Online Payment Security:

  1. Enter websites you are familiar with:
    Always shop using trusted websites instead of browsing on search engines. Search engine results can be misleading.
  2. Find the Lock symbol:
    If the website you are on does not have an SSL encryption, never purchase from it as your credit card information can be compromised.
  3. Never share unnecessary information:
    E-Commerce websites do not ask or need sensitive info such as your social security number for business reasons.
  4. Regularly check your statements:
    Make it a habit to check your statements online for your credit card, debit card, and checking accounts to ensure no fraudulent charges exist.
  5. Never use public computers:
    This is self-explanatory, using public computers puts your information at high risk of being stolen.
  • Internet Security:

  1.  Two-factor authentication is recommended:
    Two-factor authentication lets users provide another code in addition to their password. Eg, sending codes via SMS etc.
  2. Update your browser and devices:
    Outdated browsers and devices leaves you at risk of being hacked. Hackers usually find glitches in older version where it is possible for them to capture information from software and devices. Continuous updates prevent that.
  3. Create strong passwords:
    Avoid using simple words, birthdays, or any word that is easily guessed. Always be sure to reach the “strong” gauge when creating passwords, mixing between upper and lower case characters is also recommended.
  4. Use Google Security:
    This free service from Google helps strengthen your accounts to further guarantee your safety online.
  5. Regularly change your passwords:
    Other than creating a strong password, it’s important to change them regularly to keep hackers at bay.
  • Credit Card Security:

  1. Keep your PC well protected and up-to-date:
    Your antivirus and spyware software needs to be running and updated to the latest version when you are connected to the internet. Many existent online bugs are designed to track and record all of your personal information. Don’t make purchases or transactions without enabling anti-spyware and antivirus software.
  2. Try E-Wallets:
    A helpful software where your address and credit card information can be stored on a program in your computer that requires you to sign in using a password and username. This software then automatically fills in the blanks for you.
  3. Include Virtual Cards:
    They offer another level of protection involving using a false card number that you can use to make a purchase online. A virtual card will disguise the real account number so hackers will not be able to steal it. Only select banks offer this.
  4. Secure Your Email:
    If your do not own a secure email address, you may be loosely giving away credit card information to hackers. It’s preferred to print confirmation emails immediately then to discard of them online. No sensitive information should be found in your emails.
  • Cloud Security Tips:

  1. Be aware of where your data is stored:
    Include specialized hardware to permit cloud computing services to pass the most strict security procedures.
  2. Always backup your data:
    Many backup outlets are available to store your vital data in a safe and secure place.

Ensuring all your software, electronics, and information are constantly updated and protected will be the start of an important step to keeping you safe on the internet. At PayTabs, we highly value security. Our services come with a built-in fraud protection system which includes our own in-house fraud protection layer as well as the internationally recognized 3DSecure system. This two-layered system ensures that your transactions are highly secure and hassle free. Keep checking the PayTabs blog for many more useful tips and updates!

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