Post-Thanksgiving ecommerce indigestion: Web app security issues beckon
With the holiday online shopping blitz just days away, a study examining how online merchants handle customer personal and financial data suggests shoppers need to add a dollop of caution to their shopping list.
An examination of web application security practices by online retailers revealed a mix of privacy red flags for Black Friday and Cyber Monday online shoppers.
An application security study released this week found that the personally identifiable information (PII) is often needlessly stored inside ecommerce applications used to process customer payments. Other privacy and security concerns were identified, such as misconfigured or unpatched ecommerce-related applications, according to the study by CyCognito.
While those issues should be a concern year round, an uptick in holiday shopping amplifies security concerns, researchers assert. The National Retail Foundation and Adobe Analytics found that just on Cyber Monday alone, more than 77 million people spent upwards of $11 billion on Cyber Monday in 2022.
Source: SC Media