Insurance will protect the online retailers from Hackers

Hacker attacks from the growing online retailers started making some wary. Because for online retailers, hacker attacks with the loss.

Therefore, IMRG (industry body for global e-retailing) will provide extra insurance funds worth 57.8 billion pounds to protect online retailers from the threat of hacker attacks.

The fund is an insurance fund if at any time online retailer sites has become the victim of hackers.

Since the last few months online retailer sites are a target 'hacktivists'. In yesterday's sites like PayPal, Visa, and Mastercard become hacker target after the accused is subject to U.S. pressure to block a diplomatic cable published by WikiLeaks. In addition, Amazon also become victims of attacks since been deleted information Wikileaks from its servers.

Peter Wood, member of ISACA online safety organizations expressed motivation hackers attacking online retailer due to political motivation. This motivational shift happens after the rise of cases of WikiLeaks, a hacker wants more to have a broader impact.

"Cyber attacks will have serious implications for online retailers if the payment process involved." said Wood. James Roper, chief executive of IMRG, said the insurance covers the customer data protection, and protection servers.