Snowy Mountains

Infographic: The Impact of Weak Cybersecurity on your Business

Cybercrime is rising at an alarming rate. Recent reports from the Office of National Statistics point to an unprecedented double-digit annual increase of 23%.

Renetta Kõrre

Renetta Kõrre

Senior Content Writer

Ecommerce Security

3 min read

Cybercrime is rising at an alarming rate. Recent reports from the Office of National Statistics point to an unprecedented double-digit annual increase of 23%.Elsewhere, Risk Based Security’s 2019 Year End Report found a 284% increase in exposed records for 2019 compared to 2018—with the total number of exposed records topping 15.1 billion.

You only have to turn on the news to hear about the latest cyber-attack or data breach. And with the onset of COVID-19, hackers are exploiting societal changesto target businesses.

But with hackers diversifying their attacks, forever finding new and inventive ways to breach security infrastructure, business leaders often don’t know the best way to proceed.

Common questions arise such as: How do I protect my business from the latest threats? Is it really something that will happen to me and, if so, what would the impact be? And, What should I prioritise next in my cybersecurity efforts?

Working with businesses around the world, we’ve come across our fair share of misconceptions and misunderstandings when it comes to cybersecurity. With so many different types of attacks on the scene (malware, magecart, DDOS, SQL, phishing, drive-by download), it’s no surprise that the business community is confused.

But now, we want to shed some light on the current state of ecommerce security and what it means for your business with our infographic.

Cybersecurity should be a priority for any eCommerce business, especially in a COVID-19 world and with the holiday season nearly upon us. Failing to invest in adequate security can lead to breaches which ultimately lead to regulatory fines. Just take British Airways’ record £183.39 million fine related to a breach of some 500,000 customer records. When it comes to security, burying your head in the sand just isn’t an option.

With our handy infographic, you’ll get a powerful yet concise overview of cybersecurity and why it should form part of your eCommerce strategy. Whether you’re just starting out on arming your business or are upgrading your security, we’ve got the information you need.

Here are just some of the areas that the infographic covers:

  • The biggest cybersecurity myths

  • The lesser-known cybersecurity facts (that you really should know)

  • The high profile retailers hit with data breach fines

  • The latest cybersecurity statistics to keep an eye on

The Experience Enthusiast newsletter

Join 7,000+ digital enthusiasts who turn to The Experience Enthusiast for fresh insights and trends to elevate their strategies. Delivered straight to your inbox every month, here’s what’s waiting for you when you subscribe:

  • Actionable tips to improve your ecommerce and digital strategies.

  • Insights from industry leaders to stay ahead with emerging trends.

  • Inspiring success stories from brands that are redefining customer experiences.

  • Curated freebies, such as guides, tools, and exclusive webinars.

Learn more

Blog header

Why your frontend is the bottleneck

(and what to do about it without starting over)

Blog - When AI becomes the interface 1920 x 1080 Website

When AI becomes the interface

Most AI conversations in digital commerce right now are about adding AI on top of what already exists.

Andy Clark 1920 x 1080

Vaimo appoints Andy Clark as Vice President of Alliances, North America

Vaimo, a global leader in digital commerce and experience solutions, today announced the appointment of Andy Clark as Vice President of Alliances, North America.

Snowy Mountains
Ready to make your mark in commerce?

Vaimo builds digital experiences to help your business drive online sales and growth. Get the competitive edge today by partnering with our team of knowledgable commerce experts whose number one aim is to help your business succeed.

Contact us