SecurityMetrics has developed a new technology for eCommerce that catches digital skimming on shopping carts. As part of the SecurityMetrics Threat Intelligence Center, Shopping Cart Monitor protects vendors by preventing web skimming and credit card data theft on their eCommerce sites.
This technology can save retailers a significant amount of money and frustration since organisations can be held liable for damages. Those damages can cost retailers hundreds of millions of dollars every year.
Aaron Willis, SecurityMetrics Forensic Analyst, explains, “Attackers are as innovative a breed of criminal as they come. Shopping Cart Monitor is important because it helps us stay in front of those attackers. It helps us keep websites from becoming the lowest hanging fruit on the tree. By running Monitor, businesses can stay ahead of attackers . . . if you’re running Monitor, you are better protected.”
Digital skimming attacks becoming significant
Through data analytics on recent security breaches, SecurityMetrics found digital skimming attacks are becoming increasingly significant. They are also becoming much more sophisticated. Ecommerce skimming attacks are particularly vicious because, unlike traditional skimming, they do not leave any indication of compromise on the webserver. This makes them extremely difficult to detect. Shopping Cart Monitor is a preventative solution that monitors websites for suspicious activity and alerts businesses if there is an issue.
Webpage Integrity Monitoring (WIM) is the patented technology behind Shopping Cart Monitor. It detects web skimming at the moment it is triggered. It will then alert a merchant if a web page has been compromised.
SecurityMetrics offers a second WIM service, Shopping Cart Inspect. This provides a one-time forensic inspection of shopping carts to determine the origin of a breach. This is to establish if it can be repaired. If Webpage Integrity Monitoring detects an attack, it is important to collect detailed forensic evidence. This is to understand how an eCommerce website was breached. A SecurityMetrics forensic analyst will review your online shopping cart and discover evidence of a skimming attack so that you can take appropriate actions to protect your data.
Enterprise Times: What this means for business
SecurityMetrics is a major player in data security. The company supports businesses of all sizes to comply with government, healthcare, and financial mandates. The company has more than 20 years of forensic investigations, penetration testing, vulnerability assessments, and compliance audits. Therefore, if the company detects a new trend in digital skimming attacks. Then brands, retailers and online merchants need to sit up and take notice. The company says Shopping Cart Monitor can save business owners millions by preventing magecart attacks and formjacking. Analysts expect eCommerce to continue to grow in the foreseeable future. It will be the responsibility of enterprises to find the root cause of digital vulnerabilities and simplify compliance management.