{"id":193560,"date":"2024-02-29T08:32:30","date_gmt":"2024-02-29T08:32:30","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=193560"},"modified":"2024-02-29T08:39:44","modified_gmt":"2024-02-29T08:39:44","slug":"secure-checkout-how-to-spot-a-credit-card-skimmer","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/secure-checkout-how-to-spot-a-credit-card-skimmer","title":{"rendered":"Secure Checkout: How to Spot A Credit Card Skimmer"},"content":{"rendered":"

According to Securi<\/a>, credit card skimming<\/a> malware was detected on 4,614 websites in the first half of 2023. These detections were spread across 87 distinct credit card skimmer variants and impacted popular CMSs like WordPress, Magento and OpenCart.<\/p>\n

This alarming observation highlights the critical need for businesses to enhance their cybersecurity defenses beyond using the best antivirus software<\/a>.<\/p>\n

E-skimming, aka web skimming, formjacking<\/a>, or magecart attacks, poses a grave danger to businesses. Cybercriminals leverage weaknesses in third-party providers to infiltrate e-commerce websites, embedding malicious code that allows them to steal crucial payment data such as credit card details at checkout.<\/p>\n

According to a report by Gemini Advisory<\/a>, these attacks can go undetected for an average of 171 days, leaving so-called secure payment systems vulnerable and customer data at risk.<\/p>\n

So, how to spot a credit card skimmer?<\/p>\n

This article explores the potential impact of skimming attacks and the importance of robust security measures for secure payment processing. We will guide you on how to prevent credit card skimming and implement controls to protect your e-commerce<\/a> checkout pages.<\/p>\n

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Key Takeaways<\/span><\/h2>\n
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When cybercriminals successfully steal credit card details through e-skimming attacks, customers become vulnerable to fraudulent transactions and expose their personal information for potential <\/span>identity theft<\/span><\/a>. To safeguard businesses and customers alike, organizations must take immediate action.<\/span><\/li>\n
An e-commerce company faces an average data breach cost of <\/span>$3.86 million<\/span><\/a>, emphasizing the critical need for businesses to enhance cybersecurity defenses.\u00a0<\/span><\/li>\n
E-skimming<\/span>, also known as magecart attacks, poses a significant danger to businesses by infiltrating e-commerce websites to steal payment data during checkout.<\/span><\/li>\n
Skimming attacks can remain undetected for an average of 171 days, leaving payment systems vulnerable and customer data at risk of identity theft and fraudulent transactions.<\/span><\/li>\n
Implementing continuous monitoring, intrusion detection systems, and proactive vulnerability assessments are essential to safeguard e-commerce <\/span>checkout pages <\/span>from skimming attacks.<\/span><\/li>\n
Adopting PCI-DSS standards, utilizing secure hosting services, implementing HTTPS encryption, and regularly updating software is crucial to protecting customer data, maintaining trust, and preserving business reputation.<\/span><\/li>\n<\/ul>\n
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\n Key Takeaways<\/a>\n <\/div>\n <\/li>\n
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\n What Is Skimming?<\/a>\n <\/div>\n <\/li>\n
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\n The Mechanics of Web Skimming Attacks<\/a>\n <\/div>\n <\/li>\n
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\n How to Spot a Credit Card Skimmer? Web Skimming Protection<\/a>\n <\/div>\n <\/li>\n
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\n Contractual Requirements to Safeguard E-Commerce Website Security<\/a>\n <\/div>\n <\/li>\n
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\n Technical Solutions to Securing E-Commerce Checkout Pages<\/a>\n <\/div>\n <\/li>\n
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\n The Bottom Line<\/a>\n <\/div>\n <\/li>\n
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\n FAQs<\/a>\n <\/div>\n <\/li>\n
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\n References<\/a>\n <\/div>\n <\/li>\n <\/ol>\n
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