With cybersecurity threats on the rise and becoming increasingly harder to spot, it’s even more important for e-commerce businesses to protect themselves from hackers. Two-factor authentication (2FA) adds an extra layer of security by requiring users to provide two forms of identification before accessing their accounts. This significantly reduces the risk of unauthorised account access, especially in cases of compromised passwords or phishing attempts. 

Not only is a cyberattack a huge risk to your financial situation and could dissolve your business, it’s also a huge data protection breach and could harm your reputation irreparably with your customer base.

What you need to do

Set up Two-Factor Authentication

1. Shopify users can use this for guidance
   You can also enforce 2FA on the organisation level for some users in your Shopify admin. To find out more, click here.
2. For Meta, learn more here
3. Google Ads, check this 

Remain cautious of phishing emails 

Better safe than sorry, if something looks suspicious then don’t hesitate to get an extra pair of eyes on it – consult your colleagues and peers.

Consider a cyber security insurance policy

It’s smart to take precautions and protect your business to the max in case of an unfortunate event.

Conclusion

These procedures can be easy to overlook with all the other elements of running a business. However, it’s hugely important to dedicate time to ensure robust security measures. The effort it takes to protect yourself and your customers is minimal compared to what you stand to lose if you fall victim to a cyberattack.