Assessing Cybersecurity Risks in E-Commerce: Strategies for Threat Mitigation and Protection

Abstract

The exponential growth of e-commerce has also come with a multitude of cybersecurity

problems, subjecting business and consumers to huge vulnerabilities of data breaches, phishing, and payment fraud. Despite advances in technology in security, the majority of the e-commerce sector is vulnerable to new types of cyber threats, inadequate regulatory systems, and poor risk management systems. This paper provides an exhaustive overview of the evolving cyber defense landscape in online shopping, with a focus on the most prevalent threats and appropriate mitigation strategies. It identifies crucial research shortcomings in the areas of emerging threats, the implementation of AI-based security technologies, and end-user awareness as an area to enhance security levels. Through the recognition and completion of these gaps, this study presents a comprehensive framework that will promote e-commerce security measures and online payment systems' trust. The findings have significant implications for policymakers, business leaders, and security professionals, presenting actionable information to improve e-commerce security and establish consumer confidence in online purchases.