Securing E-Commerce: Battling Malicious Bots 2021

Securing Your Digital Transformation Journey: Episode 1 Retail e-commerce revenue in Europe is projected to grow to 510.5 billion US dollars in 2024. The past 6 months have been a continuous battle as COVD-19 accelerated the shift to e-commerce, and with it a rise in cyber attacks. According to Radware's Annual Bad Bot report, malicious bots accounted for 28% of 2019 e-commerce traffic. In 2020 Walmart cited over 20 million bot attempts within the first 30 minutes from one PS5 restock event. Safeguarding the availability and security of e-commerce platforms, networks, and applications is critical to building customer trust. How are these businesses keeping up with today’s cybersecurity risks? What are the best practices for dealing with cyber attacks, especially when it comes to the influx of bot attacks? Bot attacks can not only take hours to detect, but are costly to fix: according to Forbes, 1 in 4 companies find that a single malicious bot attack can cost their organization more than $500,000. In Episode 1 of Securing Your Digital Transformation Journey, join cyber security experts for an in-depth discussion on the major bot attacks of 2020, and what they mean for retailers in 2021. Topics of discussion will include: - What can be learned from an in-depth look at notable bot attacks - Revenue and reputational implications of cyber attacks - How to defeat bot attacks during the busiest shopping seasons - Most common cyber criminal motives, tools, and tactics - Countermeasures and best practices - How bots can be used for brute-force attacks, web scraping, and more