By Omri Dotan
According to the 2016 Verizon Breach Report, attackers are getting faster in their hacks and, unfortunately, victims are still slow to detect they’ve been hit. What does this mean for retailers, especially with Cyber Monday? With uptime and website performance crucial to a successful e-commerce event (remember the outcry after Amazon had Prime Day website issues?), it’s important retailers and e-commerce sites alike have their security strategy set for any day-of attacks.
With annual online events like Cyber Monday specifically, website functionality and performance is a top concern for most retailers. A one-second page delay could potentially cost an average e-commerce site $2.5 million in lost sales every year. And with Adobe reporting $3.07 billion was spent online on Cyber Monday alone in 2015 (a 16 percent increase over the previous year), this e-holiday is one you can’t leave vulnerable to attackers.