The internet has changed how we do business. In fact, it's changed everything about our lives. Online shopping is becoming so commonplace that it's no longer an option but a necessity for most companies to provide an online storefront. Unfortunately, while technology has transformed many aspects of life, one thing hasn't changed – cybercrime. Increasingly, retail businesses are becoming targets for cyber attacks. As a result, E-Commerce Security has become necessary to protect SMBs.
In fact, according to the 2018 Global Risk Report published by KPMG, nearly half (45%) of retailers surveyed say that cybersecurity incidents cost them money. This is up from just 25% in 2017. So what does this mean for your business? Well, it's simple – if you don't protect yourself against cyberattacks, you could lose customers, revenue, and your entire business.