How to secure my Magento from fraudulence?

The security vulnerability of your Magento store data may result in financial loss and litigation. According to Kaspersky research, the average cost of one fraud case is more than $1 million. Small businesses lose around $120,000 per incident. So today, we will consider Magento security best practices.

Step 1. Enable two-factor authentication

Two-step login is one of the security best practices for Magento 2 backend. An additional device for authentication will protect your confidential data from keyloggers, data sniffers, and fraud committed via unsecured wi-fi connections. Amasty Two-Factor Authentication extension will decrease the chance that intruders will find the vulnerability in your Magento 2 store and make your data secure. Having enabled it, you will need to enter additional security code generated by Google Authenticator and password. This technology meets the modern data security requirements and includes 2 elements: knowledge and property. You can set working IP in the white list, so your remote and in-house employees won’t need to pass 2FA when they are at work.

Step 2. Control admin actions

Not only hackers can bring damage to the company, but also employees: workers’ mistakes, insider trading, industrial espionage. Besides, the bigger your company is, the harder it is to track who and what has changed on your website.

The Admin Actions Log plugin provides your Magento 2 with anti-fraud protection and prevents from human mistakes. With this extension, you can monitor all admin actions: login, products, catalog or order modifications, working sessions, etc. You can cancel the latest changes and get notifications about each login.

Step 3. Specify user permissions

Multi-vendor stores often need to create multiple users. And to keep your data secure, it’s better to set specific permissions for each role. Advanced Permissions module allows you to enable separate categories and product management. You can restrict the access by specific store view or website, limit access to product attributes, CMS elements, reports, and statistics. So admin users won’t have the opportunity to edit or delete data accidentally or intentionally.