What is CloudFlare and why you should use it for preventing credit card fraud

CloudFlare is a web security and performance company that offers a suite of services designed to enhance the security, reliability, and performance of websites and web applications. One of the key offerings of CloudFlare is its Content Delivery Network (CDN), which caches and distributes content across a global network of servers, making websites load faster for users around the world. However, beyond just speeding up websites, CloudFlare provides a range of security features, including protection against credit card fraud and other malicious activities.

Here are some reasons why CloudFlare can be used to prevent credit card fraud:

  1. Web Application Firewall (WAF): CloudFlare offers a powerful Web Application Firewall that can identify and block suspicious traffic, including common patterns associated with credit card fraud attempts. The WAF is regularly updated to detect emerging threats, helping to prevent unauthorized access to sensitive data, such as credit card information.
  2. Bot Detection and Mitigation: Many credit card fraud attempts are carried out by automated bots. CloudFlare’s bot detection technology can differentiate between legitimate users and malicious bots, preventing fraudulent transactions from taking place on your website.
  3. IP Reputation and Threat Intelligence: CloudFlare maintains a database of known malicious IP addresses and sources of cyber threats. This information is used to block traffic from these sources, reducing the risk of credit card fraud and other attacks.
  4. SSL/TLS Encryption: CloudFlare offers SSL/TLS encryption for data transmitted between users and your website. This ensures that credit card and other sensitive information is securely transmitted and protected from interception by third parties.
  5. Rate Limiting: CloudFlare allows you to set up rate limits for specific actions, such as the number of credit card transactions a user can make within a certain time period. This can help prevent brute-force attacks aimed at guessing credit card details.
  6. Real-Time Analytics: CloudFlare provides real-time analytics and monitoring tools that allow you to detect unusual patterns or sudden spikes in traffic. This can help identify potential credit card fraud attempts or other suspicious activities.
  7. DDoS Protection: Distributed Denial of Service (DDoS) attacks can be used as a smokescreen for credit card fraud attempts. CloudFlare’s DDoS protection can help ensure that your website remains operational during such attacks, reducing the chances of a successful credit card fraud attempt.
  8. Global Network: CloudFlare’s vast network of data centers spread across the globe can help mitigate the impact of localized attacks by distributing traffic and absorbing the attack traffic, preventing it from reaching your origin server.

Using CloudFlare’s services can significantly enhance your website’s security posture and protect against credit card fraud and other cyber threats. However, it’s important to note that while CloudFlare provides robust security features, it’s just one layer of a comprehensive security strategy. Combining CloudFlare with other security measures, such as secure coding practices, regular software updates, and user education, is crucial for effectively preventing credit card fraud and maintaining the integrity of your online business.

We have seen cloudflare also used to prevent product scraping from large inventory websites where a product scrape can severly impact on the sites performance and result in cart drop offs becuase of a slow site.

We can see up to 80% reduction on traffic with no income loss to the affected online store.

If you want to learn more please contact us on our contact form of call Sean on +353857315293.

 

By | 2023-08-23T10:52:41+00:00 August 23rd, 2023|e commerce|