What is it
In 2023, a prevalent trend is the surge in cyber attacks targeting e-commerce applications. Threat actors are continually exploring new avenues to exploit vulnerabilities within these systems. This underscores the critical importance of regular testing and ongoing monitoring to safeguard web applications. These practices are vital for identifying weaknesses promptly and taking corrective measures.
Why should you care
Understanding the significance of this issue is paramount because it has far-reaching implications. E-commerce is becoming a core feature of many businesses, and now handle loads of sensitive information. Cyberattacks on such platforms can lead to data breaches with severe consequences for both businesses and their clients. Additionally, regulatory compliance in the e-commerce sector is strict, making robust cybersecurity practices a business imperative to avoid financial penalties. Given the evolving landscape of cyber threats, it’s essential to comprehensively test every component of an application and adhere to best practices for developing a resilient cybersecurity strategy.
What you can do
To combat cyber threats targeting e-commerce applications, it’s crucial to be aware of the various attack vectors. These include phishing, malware/ransomware, e-skimming, cross-site scripting (XSS), and SQL injection. Vulnerability testing plays a pivotal role in bolstering security.
Britec recommends the below 8 areas for vulnerability testing and assessment.
- Web Application
- API
- Network
- Host
- Physical
- Wireless Network
- Cloud
- Social Engineering
Real Life Example: Honda Power Equipment
Even the big guys can get hit! A major security flaw was discovered by Eaton Zveare within Toyota’s supplier portal API which allowed password reset for any account by anyone. This flaw would have allowed anyone to gain admin-level authority to access data in their network. Eaton Zveare was able to gain access to sensitive customer and dealership information. What’s more is that they were able to even modify dealer websites and see internal financial reports for Honda.
According to researchers, if this vulnerability was discovered by a cybercriminals first, it would have resulted in a large-scale data breach with huge ramifications.
Information technology is an ever-revolving door with new threats coming out around the clock. Staying up to date by checking Britec’s threat board post is one quick to make sure your team is aware of any emerging threat.
Britec has been helping businesses with their Information Security for over 30 years. Should you want to learn more on how to protect your business please reach out to us.
