75% of retail shoppers are concerned about data breaches and 57% of those believe online retailers to be the most vulnerable point of attack.
With the rise of eCommerce and better access to goods online for consumers, comes the rise in attempted hacks and critical breaches to eCommerce websites.
Most online retailers can not afford the loss of business and damage to their brand reputation that occurs when a breach takes place. In fact, 60% of small to medium size businesses go out of business within six months of a breach and larger organizations spend years recovering after an attack happens. While most eCommerce platforms have some password security built in, they do not secure against an offline attack. It is up to the retailer to ensure they are doing everything they can to protect their online shoppers data. By implementing BlindHash Cyber Password Protection technology, eCommerce sites can easily and affordably protect their clients' passwords against an offline attack. The implementation is simple and invisible to your clients. If you are using the Magento or nopCommerce platform, you can download the extension today.