Recent release notes from Magento about 2.2.6 states that there are readability and ease of checkout process.
Here is what it means-
- A shopping cart’s contents remain constant even when the checkout page is repeatedly reloaded. Previously, if a customer reloaded the checkout page several times, Magento emptied the shopping cart, and the customer could not place the order.
- Refreshing the checkout page no longer deletes the shipping address when a guest checks out. Previously, when the persistent shopping cart was enabled, refreshing the checkout page affected information entered into form fields for a guest checkout.
To my knowledge, there are 7 different types of e-commerce frauds happening in today's world of Information Technology:
- Identity theft-customers place order under false name and pay using someone else's card.
- Friendly theft-customers place order and pay for them using credit cards. Later, they apply for charge back, claiming that their credit card or account details are stolen.
- Clean Fraud is more like misleading with the name
- Affiliate Frauds- more widely distributed fraud. Done using fake accounts
- Triangulation Frauds- They target for huge amounts. It is carried out via three accounts. First - a fake storefront, which offers high-demand goods at lowest prices. Second- they use others credit cards and get the goods shipped to real stores. Third- they use the stolen cards to purchase the items.
All the above type of frauds is possible ( relatively ) if shopping cart's content and shipping address remain saved even after page refreshing. There is a high chances of committing a fraudulent activity in between the page loads. It is very easy for a hacker to enter the site. So,
how secure is this process of saving shopping cart, shipping information is?
Please educate me.
Regards
Deepika
Product Marketing Analyst
https://www.linkedin.com/in/deepikaforwriting/
