Dallas, 12/07/2016 /SubmitPressRelease123/
As the 2016 holiday shopping season gets underway, cybersecurity firms warn that hackers could cost retailers big and small millions of dollars. According to a Fortune report, hackers have the power to not only steal consumer data, but to take down entire sites—costing major retailers as well as smaller stores big profits.
For example, a site like Amazon, which sold 398 items per second over the summer, could potentially lose $2 million in sales every 10 minutes if hackers were successful in taking the site down.
This is an understandably terrifying prospect for store owners who increasingly depend on online sales to make profits. In October 2016, a hacking attack cut off customers’ access to Netflix and Kayak. Both companies made no sales while their sites were down.
Internet security experts say that hackers are also developing new tools to carry out their hacks. For example, “mega” attacks now use botnets to pummel a site with junk web traffic, overloading it and knocking it offline. Major sites like Amazon tend to have technology in place to fight off these types of attacks, but smaller shops are vulnerable. Small- and medium-size retailers can also fall victim to hackers that attempt to hold them hostage by demanding money in exchange for hackers backing off their sites.
Staying Safe as You Shop Online
With about 59 percent of holiday shoppers saying they plan on purchasing gifts online, cyber security experts say everyone should be cautious about providing information to online sites. Here are some tips to keep in mind:
Dallas Federal Criminal Lawyers
Broden & Mickelsen, LLP
2600 State St Dallas, Texas 75204
Main Phone: (214) 720-9552
SOURCE: Broden & Mickelsen
Social Media Tags:Dallas Federal Criminal Lawyers, Hacking, Holiday Shopping Season Hacking, Shopping Online Safety Tips
Newsroom powered by Online Press Release Distribution – SubmitMyPressRelease.com
Like Us on Facebook