Friday, 4 November 2016

Why Cybersecurity Is a Big Factor In Ecommerce

Even the birds in the trees know that eCommerce is growing and the number of people who shop online is increasing at a steady pace. For instance, eCommerce sales made up for $1.08 trillion in 2013, and in 2018. This number is expected to get close to $2.5 trillion in the foreseeable future.

In the first three months of 2015, people spent $10 billion just by shopping on their mobile devices in the United States alone. A lot of people globally are buying online, and more of them are getting on this bandwagon with each month that passes.

Primal Fear

A big problem for eCommerce business owners is that these numbers would be even greater if not for one very understandable fear – the fear for one’s security and privacy when purchasing online.

A recent study conducted by the National Telecommunications and Information Administration in the U.S. showed that around 26% of the people they talked to, avoid buying goods or services online because they are afraid for their security.

Even more, people avoid conducting many financial transactions online for the same reason. For the full article click here 



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