Consumer packaged goods are items used on a regular basis by most people, such as food, clothes, cleaning products, and toiletries. As we’ve seen, with COVID-19, there has been a rapid and large-scale shift from in-store retail to e-commerce. Before the pandemic, only 13 percent of US households had purchased groceries online; as of late March 2020, that number had risen to 31 percent. And consumer sentiment surveys taken as the pandemic wore on indicated that US consumers were happy with the shift to omnichannel shopping. McKinsey analysis shows that online sales in US retail jumped 40 percent year over year in 2021. E-commerce websites often store customers’ card information to allow faster purchases in the future, so if a site is hacked, threat actors can acquire such information. Customer data is compromised, and the website loses sales from a damaged reputation.

This sector has gained popularity over the past couple decades with the growth of online retail. It includes software, music files, in-game purchases (in video games) and more. More people are buying and selling online, and e-commerce revenue keeps increasing, so it’s no surprise that e-commerce is set to bring in $5.9 trillion at the end of 2023. You can categorize ecommerce businesses according to the products or services that they sell, the parties they transact with, or even the platforms on which they operate. More people are buying and selling online, and e-commerce revenue keeps increasing, so it’s no surprise that e-commerce was set to bring in $5.9 trillion at the end of 2023. An enterprise ecommerce business is a large-scale organization that often has a more complex structure and needs.

How to Secure Your Website

It minimizes the chances of a cyberattack, which protects a business’s reputation and prevents financial losses. Website Jake security also protects customers and website visitors, who may provide sensitive information in order to make a purchase on the website. This way they can target a wider range of websites and gain access using the same type of malware or virus. The web server process or service itself should not being running as root or Local System. On Linux systems, most web servers will run as a dedicated user with limited privileges, but you should double check what user it is and what permissions that user has. This user should not be an administrator (or worse a domain admin) and should have file access only to what is necessary.

In this way, the e-commerce platform connects businesses with freelancers to enable consumers greater power to achieve pricing, scheduling, and employment demands. E-commerce actually goes back to the 1960s when companies used an electronic system called the Electronic Data Interchange to facilitate the transfer of documents. This involved the sale of a CD between friends through an online retail website called NetMarket. E-commerce may be thought of as a digital version of mail-order catalog shopping. Also called online commerce, e-commerce is the transaction between a buyer and a seller that leverages technology.

7 Have Website Backups

New technology continues to make it easier for people to do their online shopping. People can connect with businesses through smartphones and other devices and by downloading apps to make purchases. The introduction of free shipping, which reduces costs for consumers, has also helped increase the popularity of the e-commerce industry. Once that’s determined, you need to come up with a name and set up a legal structure, such as a corporation. A/B testing different website elements, such as product descriptions, images or call-to-action buttons, can help you make data-driven decisions that improve user experience and boost sales. Customer feedback and reviews also provide valuable data for refining products and services.

You don’t need to do anything, but rest assured that your site is saved. If you’re not sure that your site is automatically backed up, we recommend checking with your website builder or your site developer from the get-go, to make sure. Third party apps can be a major source of site security breaches, with the potential to harm millions of sites at once. To avoid this happening, we recommend choosing a website builder that contains as many built-in features as you need to run your business. Leaving you less dependent on third party apps, and more focused on your business. When user credentials are stolen, it can impact more than just your website. They can be used to access multiple sites where the same credentials apply and create damage that extends across many websites at once.