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Cybersecurity has become one of the key concerns in e-commerce today. Every business with an online presence wants to ensure proper protocols are in place to combat payment frauds. While cybercriminals hacking customer’s credit card information during transactions is certainly a major issue, most online retailers are also equally worried about fraudulent online payments that come at the cost of having to refund the charges. Apart from the monetary loss, cybersecurity breaches also damage a brand’s reputation. However, with the help of right tools and safety measures, these threats can be effectively managed.