E-skimming attacks have become attackers’ favorite strategy for stealing payment card data. E-commerce skimming cases increased 174% in the June- November 2022 period compared to December 2021 and May 2022 (read Visa Spring 2023 Biannual Threats Report).
All e-commerce companies are at risk. Why?
E-commerce skimming is flourishing, and most e-commerce sites are exposed. 75% of all breaches Visa investigated last year involved e-commerce sites, with digital skimming attacks at the top.
Recognizing the inherent vulnerability of e-commerce websites and their web forms is vital to strengthening client-side security and deterring attackers. Staying ahead of e-skimming attacks on checkout pages is one challenge.
There are currently between 12 and 24 million online retailers worldwide. Moreover, if each of these online retailers includes at least two web forms in their e-commerce stores, the number of potential risks becomes overwhelming.
How many people are shopping online in 2023?
One in three people you see around you shops online. In other words, 33.3% of the world’s population falls into the digital buyer category.
Online shopping has been growing over the past few years. 2023, there were 80 million more digital buyers than in 2022, a 3.1% year-over-year increase.
The holiday shopping season, including Singles’ Day in China (and now, more widely), Black Friday, and Cyber Monday, with huge discounts, helps to spur shoppers to hop on the online shopping bandwagon.
More online sales, more security threats
Forecasts show the number of online shoppers will keep rising, reaching 2.71 billion in 2024 and 2.77 billion in 2025. Online sales volume and value are also on an upward trajectory. In 2024, global e-commerce sales will likely surpass $7 trillion.
Therefore, online retailers face tremendous revenue potential, but so do increased risks of e-commerce skimming attacks and fraud. Remember: The checkout pages are malicious actors’ favorite online store.
The good news and the bad news
The bad news is that third-party scripts and add-ons that power your business and website experience, such as chatbots and pixels, increase the attack surface for data leakage and web supply chain attacks.
The good news is that you can significantly mitigate the risk of data loss and e-skimming attacks by taking the proper security steps.
Three simple steps to website risk visibility with Jscrambler
Does your e-commerce or retail business know all the third-party scripts running your online storefront during the holiday shopping season? Do you understand how they behave, whether they share data with digital partners, or worse, unknown domains?
As the holiday season approaches, Jscrambler offers e-commerce and online retail businesses an easy way to ensure a secure checkout experience customers can trust.
Follow these three steps to start your journey to a secure digital shopping experience.
- Provide your e-commerce URL.
- Receive and review a free inventory report detailing all scripts running on checkout pages.
- Hear from a Jscrambler specialist to verify if your forms are leaking data.
You can keep and share the free inventory report with your team. Here is some additional value you will receive from the report:
- Get a snapshot of all third-party scripts on your e-commerce checkout pages and their network requests.
- Understand script behaviors on your website.
- Identify gaps outside of your web security perimeter.
- Verify if your customers’ sensitive data, credit card information, and PII are safe.
- See details of scripts displaying signs of misbehavior.
And more!
Connect client-side security with the customer experience during one of the busiest times of the year: the holiday season. From Singles’ Day to Black Friday worldwide, identify the vulnerabilities of your web supply chain to stay ahead.
Why do secure e-commerce stores matter?
- 41% of consumers trust digital service providers to keep personal data secure.
- 78% of online shoppers think twice about buying from an online retailer after a breach.
- 75% of VISA breach investigations target e-skimming and third-party integrations on websites
*Sources:
- How consumers feel about retail data breaches – Help Net Security.
- Visa biannual threats report.
Three questions to ask about your e-commerce store and client-side security
- Are you aware of all third-party scripts running on your checkout pages?
- How many third parties are on your e-commerce site?
- How do you monitor and control potential web skimming behaviors?
Increase your visibility with Jscrambler Webpage Integrity. It is an easy, quick solution with real-time monitoring that helps you comply with the new PCI DSS v4 requirements for digital skimming protection.
Protect your business. Close the door on malicious actors’ favorite online store: your checkout forms! Explore our e-commerce security infographic for more insights and tips.
Download the infographic about e-commerce security.
