As more and more businesses look for ways to secure electronic marketing online, there is a greater need for E-commerce. Whatis.com defines E-commerce (EC) as the “buying and selling of goods and services on the Internet. As more and more companies accept the challenge of E-commerce, e-business security and security software is becoming a factor that corporations need to meet. We will discuss what E-commerce is and how it is used and the advantages and disadvantages.
Security systems for EC have four categories that include: Authentication: Verifies who you say you are. It enforces that you are the only one allowed to logon to your internet banking account; Authorization: Allows only you to manipulate your resources in specific ways. This prevents you from increasing the balance of your account or deleting a bill; Encryption: Deals with information hiding. It ensures you cannot spy on others during Internet banking transactions; Auditing: Keeps a record of operations. Merchants use auditing to prove that you bought specific merchandise (Khusial, & McKegney, 2005).
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When an organization determines that e-commerce is an option that is going to be offered to consumers, the organization needs to realize that as a whole the organization is going to be exposed to new risks, such as, fraud and viruses. Regulatory mechanisms for e-business are not yet in place in many countries. This causes B2B and B2C sites to be based around trust, trust in the organization that has been chosen, either for business or consumer purposes (Chaker, 2005).
In the fast pace world we live in today, when potential customers come to our website we want to make sure they return to use the website again. There are several items that must be addressed in P.O.D. e-Commerce Business to customer website one of is to have repeat customers is performance and service. “A site must be efficiently designed for ease of access, shopping, and buying, with sufficient server power and network capacity to support website traffic” (O’Brien & Marakas, 2007, p. 294). Some thing that will need to be addressed is how big the server should be that will be used to power the site. If we anticipate our site to have a high volume of customers, we will need to decide how many customers our server handles before it crashes. No matter what we do to increase our site’s performance, we will face the reality of what the customer perceives as high performance and efficiency. With this site, we will have to continue to stay on the cutting edge of technology to keep our customers coming back to our site. P.O.D. wants consumers to come to our site and navigate quickly through their selections in building their cellular phones. When they first come to the sight we can reduce the graphic file sizes to allow the page to populate faster, for example, reducing the amount of images and making them as small as possible, which will also help in the site’s performance.
e refers to the trade of production or service across the internet using an electronic means. This includes all the activities that help in carrying out a transaction. There is no face to face interaction between the parties. Ecommerce can be business to business, consumer to business and consumer to consumer. Ecommerce covers the external facing processes that touch customers, suppliers and existing partners .
Electronic commerce, commonly known as E-commerce or E-business, is trading in products or services conducted via computer networks such as the Internet. Electronic commerce includes the technologies such as M.Commerce, electronic funds transfer (EFT), supply chain management (SCM), Internet marketing(IM), online transaction processing(OTP), electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce mostly uses the World Wide Web at least at one point in the transaction's life-cycle. Also it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones/mobiles as well. Electronic commerce is generally considered to be the sales aspect of e-commerce. It also consist the processes of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating inside an organization and also one of the most effective, useful ways of conducting ecommerce processes in order. It is a Market entry strategy where an organisation may or may not have a physical presence. The areas of the Security and privacy, Reliability of the seller and buyer, Consumer Protection, logistics involving shipments and E-loyalty are some of the major problems of E business industry. Comprehensive background of these issues and countermeasures discussed here come from experiences derived from the studies made upon researches regarding the challenges of the E business industry.
E-commerce Unless you have been living under a rock for the last two years, you have heard about e-commerce! And you have heard about it from several different angles. For example: You have heard about all of the companies that offer e-commerce because you have been bombarded by their TV and radio ads. You have read all of the news stories about the shift to e-commerce and the hype that has developed around e-commerce companies.
The e-commerce industry is one of most profitable segments in the US economy as well as global economy. E- Commerce Industry Report underlines that all companies which are included in the statement have remarkable revenue growth. While the global economy continues to improve, many consumers in North America and Europe continue to invest heavily in the market and in the IT technology. The data protection and security are significant factors for investors and consumers. Moreover, e- commerce is an example of an industry that grows by acquisitions which provide a greater opportunity to penetrate new geographic platforms.
E-commerce is the use of electronic methods and technologies to sell and purchase either goods, services or information. The e-commerce concept was first introduced in the early 1990’s takes place over the World Wide Web. In this context, there are three distinct levels of integration in e-commerce including vertical integration and cross-business integration. The vertical level of integration involves the linkage between the front end of the website and transaction systems On the other hand, the cross-business integration involves linking a company’s website with the websites of its customers and suppliers. The third and final level of integration is the inclusion of technology to handle customers’ orders, purchases and customer service. Consequently, these three levels of integration give rise to a combination of links, information, websites and e-commerce websites, which are accessible over the internet.
In this report, the author endeavours to present the how the security issues generally presented on the B2C web sites can assured by technical controls and educating customers. The report presents levels of end-to-end security components that include: physical system security, operating system security and network security. With advent of web applications that are now being used extensively for deploying e-commerce applications, author also presented the web security threat profile of web services that is currently an active research topic. All of the discussed components are attached with advice that can be provided to customers that may not apparent to them, but can help reduce security issues.
E-commerce merchants need to employ appropriate methods to deal with any threats jeopardizing their systems. It is the merchant’s responsibility to support the latest security measures and tools to ensure confidentiality of consumers’ sensitive information. Merchants should also consider making statements about their security methods and tools they are employing to ensure security to their consumers.
The world as we know it today is subject to evolution in almost every aspect of life. Foods are cooked faster, phones no longer have wires, televisions produce images that are almost spitting images of real life. But to narrow the focus we bring attention to the internet. More importantly E-commerce. The definition of E-commerce is the conduction of business via internet websites using them to either purchase a good or service or to sell one. More examples of E-commerce are
E-commerce application is a platform where there is buying and selling of products and services which are done by businesses and consumers via an electronic medium, mostly without using any paper documents. “E-Commerce applications support transactions between businesses and their customers. They provide 24/7 customer support, allowing customers to order products, check orders and track shipping, review previous orders, reorder products, and manage their accounts.” (Auburn SeeWolf llc , 2009-2012)
E- Commerce is a phenomena that is emerging rapidly between businesses all over the world, and it has affected the businesses at all sizes in many aspects.
This project will look at e-Commerce, concentrating on security measures of an online auction site, eBay. Security on the Internet is a concern for any online business in today's society. We will discuss online services, how businesses on the Internet conduct their transactions and shipping. With eBay we will be looking at their operation procedures while concentrating on Firewalls, Transparent Cryptographic File and Public Key Infrastructure as possible solutions for security measures.
E-commerce or electronic commerce is carrying out business communications and transactions through computers and over networks. It involves buying and selling of goods and services through digital communication. E-commerce also includes transactions on the World Wide Web and the Internet and means such as electronic funds transfer, smart cards and digital cash. E-commerce covers outward facing processes that interact with customers, suppliers and external partners such as sales, marketing, delivery, customer service, purchasing of raw materials and supplies for production.
E-commerce means that the company runs their business online, not like the traditional business way. We have to go the shopping mall or store to get goods that we need, E-Business is the enabling of electronic communication between any two or more participants in a business relationship. It helps companies capture abroad business field, cost saving, and market opportunity. E-commerce is an important factor that is making people’s lives more efficient.