The Three Fundamental Security Benefits of Cloud-Based Commerce Solutions

January 24, 2015 Off By David
Object Storage

Grazed from Business2Community.  Author: Lance Wright.

As cyber security becomes a larger focal point in the media and minds of online shoppers, consumers understandably have increasing concerns when it comes to what protections are offered by retailers. Across channels, only 55% of shoppers think retailers use security systems that adequately protect their data, and not surprisingly so.

In fact, Trustwave reports that data breaches increased by 53.6% from 2012 to 2013, with more than half of thosebreaches targeting ecommerce sites. Of special concern is highly sensitive data, including credit card numbers andpersonally identifiable information. But with customer expectations on the rise and IT budgets commonly on thefall, how can retailers meet the security needs of today’s digital environment? For many organizations, turning to cloud-based commerce solutions helps fill the gap…


1. Cost

The cost of hosting and securing a home-grown, also known as an “on-premise,” commerce solution is a growingconcern for businesses today. In order to achieve a high level of security, organizations can be faced with over a million dollars in upfront costs and personnel, not to mention ongoing maintenance fees and annual compliance audits that can run tens of thousands of dollars…

Read more from the source @ http://www.business2community.com/cloud-computing/three-fundamental-security-benefits-cloud-based-commerce-solutions-01109476