Shamit Khemka – How to protect online payment processes from cyber attacks

Shamit Khemka, the managing director of SynapseIndia, is very familiar with the operating process of e-commerce businesses. This is mainly due to his association with a large number of clients in the online commerce sector. He says that e-commerce has lately become one of the major targets of cyber attacks and retailers should consider this fact very seriously.

Payment processing is the most vulnerable part of an online shopping process. Retailers should, therefore, take extra measures to ensure security while handling credit cards and other online payment methods. By following leading international security standards, businesses can both strengthen security and improve customer trust. For example, businesses based in the U.S. and Europe should follow the Payment Card Industry Data Security Standard (PCI DSS). It's an information security standard for businesses that handle credit cards.

Maintaining a robust cybersecurity infrastructure becomes even more crucial in an overcrowded e-commerce industry dominated by competition. Any kind of security breach can lead to substantial damage to brand reputation, which further impact revenue and profits.

Click here to  more about Shamit Khemka: https://www.youtube.com/watch?v=PcgrrS2-JGA