Many people planning to set up an online store voice concerns over the levels of safety that Shopify will provide.
Shopify is perfectly safe for setting up your online store. In fact, it is said to be one of the most secure and safe platforms for ecommerce in the world. Shopify has quite a few measures in place, which keep the the platform completely safe and your online store protected from any forms of threats or malicious attacks. These tend to include offering white hat hacker bounties. These are put in place by Shopify to help watch out for loopholes in security and presence of any bugs. Security updates are always rolled out to the users instantly as well as simultaneously. Shopify, as a platform, also makes the provision for top notch, good quality tools for risk analysis.
Shopify is completely safe for online stores
The Bug Bounties Program By Shopify
Shopify runs a bug bounties program that aims at protecting the customers and displaying their seriousness about security. Bug bounties refer to the rewards to white hat hackers, which are paid monetarily, for identifying as well as making reports on vulnerabilities in the program to a given company. White hat hackers may also be referred to as security searchers.
The bug bounty rewards on Shopify may range from anywhere between $ 500 and $ 12,500. This largely varies according to the nature of the vulnerabilities that were discovered. The white hat hackers which play the role of identifying any weaknesses in any online store, can opt for reporting to Shopify. They will then be rewarded monetarily for making reports on the vulnerabilities or weaknesses in the system. In this way, Shopify puts in place, a lucrative and tested security system for your online store.
Shopify As A SaaS Platform
Unlike the open source platforms of Magento or WooCommerce, Shopify is a SaaS platform, which is hosted. This can make a lot of difference for the security of your online store. Security updates made at any point, by Shopify, automatically cover all the customers under it. Shopify may do this without the involvement of or interactions with customers. Such updates in the security are quickly and immediately pushed out to include all the customers. In case of websites like WooCommerce, the administrator for the website is required to apply a patch and make upgrades on the website server. This step is required in order to ensure that the security of the website is not compromised.
Open source platforms may involve the installation of multiple plugins for better operation of the website. These plugins can be a source of risk for a website, and as a result, it is essential that each and every plugin is updated as well as maintained separately. In this sense, open source platforms can become an easy target for attackers, who infect websites with malicious software.
Shopify also helps protect you from the risk of a Google search penalty which has the potential to cause problems in revenue from organic reach. If your website or online store is safe from such possible threats, you need not have such a problem. Shopify, as a SaaS, hosted website makes sure that you are well protected and secure from any malicious attackers.
Unlike most open source websites, Shopify has a good security system in place.
Shopify’s Tools For Analysis
With Shopify, the risk of getting involved in fraudulent, fake orders becomes simpler. Shopify has a system in place, which keeps a check on such orders, which can be possibly fraudulent or suspicious. You have the option of upgrading to a 3rd party app in their store in case there are issues regarding the built-in risk assessment of Shopify.
The process of verifying the authenticity of all the orders essentially involves verification of the address of billing, verifications of the details in the credit card with the given billing address. It also involves keeping a check on the credit card to find out if there have been any fraudulent orders before.
Orders that are fake and fraudulent can actually put you at a risk of getting your payments suspended. You may not be able to get any of your payments processed, nor would you be able to take any of the payments from customers. Through Shopify’s regular and automatic updates in the security features, your online store always remains protected.
Incentivized For Online Safety
Shopify tends to make use of a percentage of your store’s earnings as its revenue. In this sense, Shopify needs to make sure to keep all online stores safe, secure and protected from any possible threats. It is naturally incentivized to take security seriously to maintain their revenues. It’s a win-win situation for both Shopify and store owners.
