Cybercriminals target online retail businesses

48% of e-commerce/online retail businesses lost some type of finance-related information to cybercriminal activities within a 12 month period.

A Kaspersky Lab survey of IT professionals worldwide also indicates that 41% of financial services organizations lost such information during the same period.

Despite these threats, this market segment is the least likely to deploy and update specialized anti-fraud measures to protect financial transactions.

64% of financial services providers and 53% of the e-commerce/online retail segment said they "make every effort to keep anti-fraud measures up to date."

46% of the e-commerce/online retail segment and 52% of the financial services segment want to implement new technologies to protect financial transactions.

Implementing additional protections

88% of financial services organizations and 78% of e-commerce/online retailers "provide secure connections for customer transactions."

75% of financial service providers are more focused on providing specialized solutions for mobile devices than e-commerce/online retailers (56%).

Both financial service providers and e-commerce/online retailers are not prompt about providing free or discounted versions of premium internet security software to their customers following a data breach.

In fact this is the least-common step taken by these types of providers.

71% of financial service providers and 62% of e-commerce/online retailers have adopted specialized fraud protection for endpoints following a data breach.

Kaspersky Lab advises businesses to be proactive in securing their IT networks, and secure payment systems with specialized protection.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
CSO WANTED
Have an opinion on security? Want to have your articles published on CSO? Please contact CSO Content Manager for our guidelines.

Tags securityinternete-commercekaspersky lab

More about Kaspersky

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Anuradha Shukla

Latest Videos

More videos

Blog Posts