With the rise of online shopping, the frequency of cyber-attacks is becoming more regular. In 2019 alone, 4 billion records were compromised through data breaches. What we once considered to be the problem of big corporations, banks, and governments is, today, affecting even small and medium sized organizations. For this reason, it is important to understand the cyber risks and regulations landscape to make your online store safer for your customers and build a trustworthy eCommerce.
Conducting business online presents a set of dynamic requirements and expectations to earn consumer trust with specific implications for the imaging industry. As a photo business, there are a few reasons why cyber security and compliance is important to your overall success. First, your servers probably carry a lot of consumer personal information, including names, credit card information, and photos. Also, your business is likely part of supply-chains, which can become entry ways for breaches. Last but not least, if your business operates beyond state, province, or country borders, it is an essential requirement to be compliant under all jurisdictions in which you have any sort of business activity.
With the expectation that shoppers want to be protected against fraud and spam, preparing for data breaches implies following multiple legal requirements set by statal initiatives to protect the consumer. Considering that 60% of small enterprises go out of business after 6 months of suffering a breach, it is of utmost important to understand all the components of privacy and security obligations that you have towards your customers. Listen in to our Q&A webinar with Cyber Resilience enthusiast, Mike Watkinson of Edge Imaging, Mediaclip’s CTO, Christian Rondeau, and Mediaclip’s CSO, Marie-Eve Lemieux, as they cut through the jargon and lend expert advice on steps to take to deal with risks before they become problems.