Why Your WooCommerce Store Needs Greater Security

Running a business smoothly has been a difficult task for many entrepreneurs. Managi ng the process from inventory management to occasional/season deals and, overall, the security of your online business.

Focusing on the security of your ecommerce business built explicit on WooCommerce is essential not only to protect your business data, but also to protect customers’ data when it comes to both, personal and financial information.

Here’s what you need to know about the main reasons to secure your WooCommerce Store:

1. Protecting Customer Information

It’s your responsibility to protect customer information from theft, fraud, and other security breaches.

According to IBMs’ Data Breach Report (2023), the average cost of a data breach globally is now $4.35 million. This is a great loss when it comes to an ecommerce store.

If your store is hacked, customer data can be compromised, which therefore leads to lost customer trust, a damaged reputation, and potential legal liability.

2. Avoiding Downtime and Lost Sales

Studies have shown that a period of downtime can have a major impact on a business’ revenue. A study by Akamai found that a one-second outage can cost an ecommerce business $7,000 in lost revenue.

Downtime instantly means a loss of sales. Customers’ are always on the lookout for results, and if a site is unavailable, they will go and search for their interests at a competitor's site.

3. Preventing Malware Infections

Malware can infect your store through vulnerabilities in your software. Malware can cause a range of issues, including data theft, redirects, and spam.

A study by the Ponemon Institute found that 83% of consumers would not do business with a company that had experienced a data breach in the past.

4. Complying with Data Privacy Regulations

Data privacy regulations require you to protect personal data and report any data breaches.

Failure to comply with these regulations can therefore result in fines, along with other consequences.

It costs $13 million if a business does not comply with the General Protection Regulation (GDPR).

5. Protecting Your Reputation

A company's reputation is crucial, especially if malware or a security breach have affected it.

Customers may no longer trust doing business with you in the future since there is a risk of jeopardizing their data.

The psychological effect can be significant for customers since they may feel a range of emotions, especially anger, betrayal, fear, anxiety, and vulnerability.

How to Secure Your WooCommerce Store

1. Choose a Secure Hosting Provider

In order to start, choosing a secure hosting provider tends to reflect on your website. If a host fails to put you and your business first, they fail to consider all possible damages that could occur.

Here’s what you need to ensure when choosing a hosting provider:

SSL Certificates

SSL Certificates are often offered by hosting providers. SSL Certificates grant a website a first line of defense. SSL Certificates tend to encrypt traffic between the website and the visitor’s browser, protecting it from eavesdropping and tampering.

Backups

Backups are necessary. Websites need to be backed up in case of possible breaches. It is important to prevent any possible failure to recover lost data since it costs businesses approximately a few hundred dollars to several thousand dollars.

Attack Monitoring and Prevention

Attack monitoring allows for a chance at preventing an attack before it begins.

Hosting providers monitor their users websites to ensure that everything is secure and functional, updating when necessary, and restoring in the event of any failed attempts.

24/7 Customer Support

24/7 customer support is vital when choosing your hosting provider. In case of any possible issues, delays, or doubts, contacting your hosting support team allows for a quick and easy fix with a minimum wait time.

2. Enable Two-Factor Authentication

Not only are strong passwords important, but two-factor authentication is too. Enabling two-factor authentication adds an extra layer of security to your login process.

Websites with 2FA are considered to be 99.9% less likely to be compromised.

2FA requires a second form of verification, which is in a form of a text message or app notification, making it harder for unauthorized users to gain access.

3. Block Brute Force Attacks

An online store on WooCommerce, a plugin by WordPress allows for the chance of installing a security plugin or using server-level protection to block multiple login attempts.

Websites that implement brute force protection reduce the risk of unauthorized access by up to 70%. This prevents attackers from guessing your password.

4. Regularly Scan for Malware

Scheduling regular malware scans offers a chance at detecting and removing malicious code or files that could harm your site and compromise user data.

Websites that scan for malware weekly are 85% less likely to suffer a data breach. This goes along with your hosting provider offering monitoring and prevention for your website.

5. Activity Log

Maintaining a detailed activity log to track user actions helps you identify and respond to suspicious activities swiftly. Keeping an activity log reduces the average incident response time by 60%.

6. Update Site Software

Updating site software, such as your site’s CMS, themes, and plugins, keeps your site secure.

Websites running outdated software are 70% more likely to be attacked.
Updating your CMS Code is necessary to ensure that the site does not contain any possible breaches.

Securing Your WooCommerce Store

Securing your WooCommerce store is necessary when it comes to business data, and customers. WordPress and WooCommerce Support and maintenance providers do just that:

Taking care of all the tech while you focus on all the business is essential for any growing enterprise. This includes offering a safe and secure space for your customers to return and spread the word about your online store.

Support Guru enhances the security of your WooCommerce business. We are aware that hackers find e-commerce websites like yours to be profitable targets. That's why we strengthen the security of your shop using a multipronged strategy.

We put into practice cutting-edge security procedures, such as frequent virus scans, strong firewalls, and real-time monitoring. Our committed staff keeps up with the newest security developments, so your WooCommerce business is always protected from the worst risks.

Additionally, our customer service is available around the clock and can help you right away with any security-related issues. You may relax knowing that your WooCommerce store is safe from online attacks in addition to being operational.

SupportGuru provides this guarantee. Our top goal is keeping you safe.