Magento is a popular open-source ecommerce platform used by many businesses to showcase their products and services.
Magento is one of the most popular e-commerce platforms alongside Wordpress. One of the biggest threats to online businesses is the security of their online shop.
Wordpress powers 30% of websites online. So it's obvious that hackers will come across many of them and end up targeting wordpress sites.
On average 30,000 websites are hacked daily. Wordpress is one of the most popular content management systems software, and powers around 39% of all websites on the internet.
Invoice fraud is just one of many fraud schemes that target businesses for financial gain. A study shows that UK businesses lose around £9 billion annually due to invoice fraud.