The retail industry has witnessed the advent of new power retailers due to eCommerce and social media development. Contrary to operations that traditional retailers have been performing for a long time, many e-retailers have become cloud technology consumers for data storage and integration into their business.
Why Do Retailers Use Cloud?
In the retail industry, cloud technology has been the favored solution because you can get storage services at a price that is not a pain. Your retail business can save a huge sum of money as you do not need to buy, update, or manage systems. Hence, it cuts down on recruiting employees who will perform these duties in your in-house environment.
Moreover, if cloud safety is a concern for you, your business can use cloud security platforms like https://sonraisecurity.com/solutions/cloud-security-platform/ and ensure cloud data protection.
Today, retailers use cloud solutions to change their data into a necessary strategic asset to facilitate collaboration and allow employees to make safer and smarter decisions.
Since the cyber-attacks are on the rise and clouds are vulnerable, you must ensure that you use a cloud security solution in your business. The following are points that prove cloud security is a must for your retail business.
Cloud Security Gaps Can Destroy Trust
If your customers see that your eCommerce business has succumbed to major data breaches, you may lose their trust in your enterprise. Moreover, it will not matter to customers how swiftly or effectively you address and resolve the breach.
What matters to your customers is the subsequent belief that you, being a merchant, didn’t take sufficient security precautions to secure sensitive cloud data in the first place. The lost confidence and trust might carry more serious repercussions than any financial loss that you may sustain. Once the trust of your consumers is gone, you will lose a huge clientele.
Secure Your Cloud Connections
eCommerce companies today need to secure an increasing number of remote endpoints and devices. It is the reason why businesses in the retail industry should opt for a cloud security platform.
On the cloud, your retail data is stored in different areas, and you might want to know if it is stored separately or mingled with the data of other retailers on the public cloud. With the proper cloud security governance, you can monitor all your cloud data.
Similarly, monitoring all the devices on a given network, data analysis, and instant reply to the system breached can ensure that your retail data is secure. Once you have a cloud security platform, your retail business can fast-track innovation.
Denial of Service (dos) Attacks
Denial of Service attacks may shut down your retail services and make them unavailable to your users. Cyber attackers can block your systems with huge traffic that your servers cannot deal with. It will be nearly impossible for your business to work if all the cloud servers get affected.
As an eCommerce business, you cannot afford your platforms or apps to get offline. Here, if you implement a good cloud security solution, you can ensure that your retail business does not become a victim of denial of service attacks. Security systems alert you about such attacks, and you can take measures well in time.
Hence, the points mentioned above clarify that your eCommerce business cannot afford to avoid cloud security.