Facts about Ecommerce Security
• The most vulnerable industry is ecommerce, experiencing 32.4% attacks in various forms. Ecommerce sites and apps have storage and exchanges of critical data and sensitive info, so it tempts malicious elements the most. (source)
• Nearly 70% of small business websites will face some type of cyber attack. In 2019, 10% percent of small businesses hit with a cyberattack were forced to shut down as a result. (source)
• Cybercrime is now a 45 billion dollar industry worldwide (source)
• Over 90% of data breaches are caused by human error (source)
• 40% of SaaS app users have experienced data loss (source)
• Ecommerce merchants are facing new and sophisticated threats (source)
• Every minute, four companies fall victim to ransomware attacks. Over 550,000 new pieces of malware are identified daily (source)
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