Why Data Security Is Important For MLM Software - MLM Software TamilNadu
Data security is to be integrated
with any kind of software and have you ever thought why data security is
important for MLM Software. MLM software is the software to manage your MLM
business effectively and data security is important to maintain the MLM software in
many ways.
Multi-Level
Marketing Limited to Security
As we all know that multi-level
marketing is usually based on the product sale, it is highly dependent on the
e-commerce practice to make the sale through online and to promote the
business.
Business activities via an
e-commerce platform involves many activities like processing orders, processing
credit card payments, storing and maintaining the user or customer data.
As these data are more prone to
fraudulent activities, they should always be stored in encrypted format and it
is good to avoid storing in the plain format. Multi-level marketing also
involves storage requirements like storing the data of the distributors, down
lines, commission plan, and payment details.
So the MLM companies
and the integrated E-commerce platform need to meet the security standards for
storing and maintaining the customer’s data, all the financial transaction
data, all the MLM related data.
MLM Software Security Features
The basic security features of the
MLM software that should be included are as follows:
·
SSL (Secure Socket Layer ) Encryption
·
PCI DSS-Payment Card Industry Data Security Standard
·
IP (Internet Protocol) blocking
·
DDoS- Denial Of Service
·
Encryption of Database
·
Encryption of Password
·
Backup-Database
SSL (Secure Socket Layer) Encryption
SSL is Security based technology
for maintaining the encrypted data via the link between the web browser and the
webserver. Host provider provides the SSL certificate and the same has to be
installed for implementing SSL (Secure Socket Layer) encryption.
You can understand the same from
the website address bar. The address indicates https:// in the address bar of
the website. The website without SSL indicates http:// in the address bar of
the website and it shows that it is an insecure website.
If the customer submits any of the
data related to his credit card details, it means the data is transferred
between the server and the client in the plain format and it is prone to
unauthorized access or hacking.
PCI DSS-Payment Card Industry Data Security Standard
The PCI DSS (Payment Card Industry
Security Standard) is a standard for the security required by all the suppliers
of the credit card.
Card suppliers should be PCI
compliant. This standard should be followed by all the organizations which
process, store or transfer the cardholder details or data. So the MLM software
and the websites must comply with PCI.
Its main theme is to prevent
fraudulent activities involved in this. PCI Security Standards Council
administers the PCI standard. If anyone is not PCI compliant, you may lose
eligibility to accept payments via credit card completely and also need to face
the charged fine.
IP Blocking
IP refers to Internet protocol,
which is provided by the cloud service providers and the software. This IP
blocking service is used by the organization to block a group of people or the
individual to access your website. IP blocking is important in case of data
security, in case of any fraudulent activities monitored, the IP can be
blocked. The same capability should be offered by your MLM software to block
any IP or a range of IP’s.
DDoS-Denial of Service
DDoS refers to a Distributed Denial
of Service Attack. It is a service attack and not the security feature.
Any security feature to be included
in your MLM software to prevent this cyber-attack. This attack prevents the
customers to access your website and it temporarily blocks the website access
by increasing the illegal traffic to the websites.
This cyber will make the website to
respond slowly due to illegitimate heavy traffic produced by hackers. Thus the
MLM software should follow certain actions or plan to implement any security
feature to overcome this DDoS attack.
Encryption of Database
To prevent the data from being
vulnerable to any malicious activities or fraudulent activities, your MLM
software should implement strong encryption techniques.
NSA (National Security Administration)
defines the rules and regulations to store the data of credit card.
To avoid storing credit card data
in the plain format, the encryption techniques will be useful. It should be
taken care to store the security code of the credit card data in the encrypted
format. Overall the database will be secured with encrypted data.
Encryption of Password
In the MLM software, the password
you enter in any part of the application should be in the encrypted format.
Make sure that the software provider uses MD5 encryption technique to store the
password in the encrypted format.
If the passwords are stored in the
plain format, then it is more prone to hacking or any fraudulent activities to
obtain unauthorized access to the accounts of the customer and the distributors.
They can also be able to access the admin account where it affects the entire
business operations.
Backup-Database
Backup also falls under the
security measures to be taken in your MLM software. If the entire data related
to your customers, distributors, commission payments, commission plan, merchant
account, product details are lost, then it will affect your MLM business
drastically.
To restore the data in case of any
data loss, you need to have a backup of MLM software. MLM software should offer
the daily or weekly backup of the data to avoid data loss.
Thanks for reading our content. For
more details, visit our website mentioned below;
MLM Software TamilNadu
26, 49th Avenue, Ashok nagar,
Chennai – 600083
9840566115
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