Help earn your customers’ trust by making your eCommerce
platform more secure and reach your compliance goals. We
partner with online retailers to ensure their applications and
cloud systems are built and operated securely.
eCommerce has seen an increase in cybercrime, with the industry being one of the most vulnerable to attacks. These attacks can lead to significant financial losses, market share loss, and damage to reputation. To protect against these attacks, it is important for eCommerce businesses to implement strong security measures and have a dedicated security team in place.
We’ve worked with major retailers such as MEC to ensure their eCommerce platform has the right level of security to keep personal and financial information protected. We are well-versed with eCommerce technologies and frameworks (e.g. payment gateways such as Apple Pay, Google Pay, Stripe, and crypto wallets), eCommerce platforms (e.g. BigCommerce), as well as standards (e.g. PCI-DSS). This ensures your customers’ online shopping experience is secure and increases long-term customer loyalty by building trust.
As is often the case with eCommerce companies, both large and small, it’s not a matter of if a data breach will happen, but when. According to Verizon’s Data Breach Investigation Report 2022, the three major threats to all eCommerce sites are system Intrusion, Social Engineering, and Basic Web Application Attacks.
Our focus is primarily on the Basic Web Application Attacks since eCommerce websites often deal with sensitive customer data, including credit card information and personal details. Blocking these types of attacks can prevent financial losses, damage to reputation, and legal repercussions.
In 2019, more than 15 billion data records were exposed — a 284% increase from the year prior.
of system Intrusion incidents this year were a result of supply chain.
of the top attack patterns include basic web application attacks, system intrusion, and social engineering.
digital skimming attacks impacted the eCommerce industry 7 times more than other industries.
eCommerce companies who prioritize their security reduce the risk of loss and increase revenue. According to industry reports, eCommerce fraud is projected to cost businesses over $130 billion by 2023.
By improving security on your eCommerce platform, you can increase revenue by boosting customer confidence in your business. When your customers feel secure making purchases on your e-commerce platform, they are more likely to make repeat purchases and recommend the platform to others. This, in turn, increases the likelihood of attracting new customers and boosting sales.
Consumer trust remains a crucial factor for eCommerce platforms. Losing the trust of your customers can be devastating for your business, but losing the trust of potential customers can harm your brand reputation and drive them away before they even become customers. If that trust is ever broken, it can be hard to regain.
Data breaches not only harm your reputation with your customers, but they are costly. According to IBM’s Cost of a Data Breach Report 2022, The average total cost of a data breach was $4.35 million USD. In addition, 83% of companies experience more than one data breach.
We help you strengthen your customer trust and brand reputation by following the best eCommerce security practices for your infrastructure.
Forward Security Inc. developed a penetration test for a visitor management system. We created a statement of work, managed the project’s budget, and worked on the web app’s security landscape.
Forward Security Inc. provided cybersecurity services for an outdoor equipment brand. We performed different AWS security assessments and tested their QA, production, and postproduction environments.
Trusted by Top eCommerce Brands
Our team brings global security expertise in the healthcare industry to provide the right-sized solution. To get started, we put together two introductory offers that will help you reduce your business risk, modernize your application securely, and achieve compliance.
(based on medium
sized application)
$34,500
Many applications in the eCommerce industry require high levels of security assurance and are considered critical such as those that contain large amounts of sensitive customer data or require data integrity.
Our AppSec RA (L3) service is aligned with OWASP’s ASVS Level 3 set of controls and best-in-class industry practices to provides the right level of technical assessment depth required by such applications.
This includes an end-to-end detailed design review, threat modelling, white box pentesting (including code analysis), and risk assessment.
Free two-hour DevSecOps
capability maturity assessment
and roadmap creation
consultation.
With secure SDLC and DevSecOps a priority for many healthcare organizations, and a shortage of subject matter experts, eCommerce organizations often struggle to meet their objectives in rolling out such programs.
Whether you are at the start, or part way on your DevSecOps implementation journey, our team brings global expertise with domain expertise in the eCommerce field to help you get there faster and more effectively.
When it comes to rolling out secure SLDC and DevSecOps for the eCommerce sector, we have you covered – from selection and incorporation of security tools in the CI/CD pipeline, identifying and rolling out security requirements, participating in threat modelling and solution design, to mentoring and training the team.
Pentesting is a commonly used approach to test the security vulnerability of software applications, but it doesn’t give you the full picture.
Using OWASP’s Application Security Verification Standard (ASVS), our end-to-end Application Security Risk Assessment goes beyond pentesting.
We follow a four-stage process including a discovery and design review, threat modelling, pentesting including code and vulnerability analysis, and risk assessment to deliver a comprehensive report of your application’s security posture.
This is a more complete analysis than pentesting alone and provides your team with a clearer path forward to securing your organization’s most valuable assets.
The United States’ cybersecurity executive order takes important steps to bringing awareness to security for organizations when developing software.
With 52% of breaches caused by malicious attacks against applications in 2020, the changes mentioned in the executive order are becoming increasingly prevalent, especially for the healthcare industry.
Many security service providers do not hire staff with a background in software development. Without this background, it’s difficult to truly understand how applications work, which can leave your business exposed to unexpected risk.
At Forward, we’re proud to offer an application security team made up of ex-software developers who have the specialized knowledge and experience in fintech and finserv, health-tech, eCommerce, and technology providers. Partnering with global organizations, we are familiar with the many standards, regulations, and systems of each of these domains.
