Cyber Security is an important field these days. With the numerous hackings that have been attributed to individuals located in North Korea and Russia. E-commerce depends a lot on Cyber Security in order to protect customer’s data and information. The most important thing about Cyber Security is that it requires professionals to use tech knowledge to protect e-commerce and customer information. Encryption is the most popular used way to protect customer’s identity and login details such as a password. The best part about this system is that it hides the password of the customer so that it cannot be used for malicious purposes.
Companies that store large amounts of customer information no doubt need cybersecurity experts to prevent hackers from gaining access to their system. Facebook, Amazon, eBay and Alibaba all have a dedicated team of cybersecurity experts who analyze the likelihood that their system is going to be hacked. Cybersecurity experts are well educated in cybersecurity crimes and networking. Some will actually tell you that anywhere where there is a network there is a likelihood of being hacked. Hackers usually target vulnerable systems and networks. The job of the cybersecurity expert is to find and mend security loopholes. Loopholes that can be used to still customer information.
Cybersecurity threats usually are targeted at the financial institutions. There is a lot to gain from using financial institution data. Financial institutions are where most of the world’s wealth is stored. Recently there have been a large number of attacks on bitcoin exchanges. This is due to the untraceable nature of bitcoins. E-commerce business owners should always make sure that the customer’s data is stored in a safe place. Most hackers are actually looking for credit card information they can use to still the customer’s funds.