Essay about Ecommerce

Essay about Ecommerce

Length: 3309 words (9.5 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

Ecommerce

Electronic commerce includes almost any exchange of electronic data related to a business operation. In this discussion, I will be focusing on the use of the Internet for business transactions. Companies that use the Internet as their major source of income have a big concern about electronic commerce security to keep them successful in their online business. Although the technology exists to prevent almost all types of aggression, the nature of the Internet makes accomplishment of security measures difficult. TCP/IP, the network protocol of most Internet use, it sill weak for security compromises (LOEW 134).

A business security plan for securing electronic commerce must begin with a baseline. Firewalls and the use of encryption can only protect against 80% of all security threats. Common sense policy measures, such as proper configuration of computer systems and appropriate use of passwords, are often overlooked (RUSSELL 165).

In the article, “Connecting to The Internet: Security Considerations,” http://csrc.ncls.nist.gov/nistbul/cs193-07.txt, Bulletin. Reporting that “in recent years, a number of security problems with the Internet have become apparent.” “Crackers often roam the Internet with impunity, covering their tracks by moving from system to system.” In the rest of my discussion I will be focusing on different aspects of Internet security and E-commerce such as Commerce on the Internet, Electronic Commerce Systems, Business Security Strategies, Security Concepts, Risks of Internet Use, Internet System, and the future of Electronic Commerce Security.

Direct sales via the Internet are expected to grow from $8 billion this year to anywhere from $50 to $250 billion by the end of the century. The amount of sales on the Internet may comprise 36% of direct sales in the year 2000 compared with 7% in 1996. The number of transactional sites on the World Wide Web (WWW) has been increasing around 1,700 for awhile, but is expected to reach 15,000 by the year 2001 (BERKLEY 6). The attractions of the Internet for conducting commerce are getting higher and conducting a transaction at one-sixth the cost of placing the same order through human operator (BERKELY 4).

The use of the Internet for electron commerce now includes transaction types that formerly were considered too risky. In 1996 the San Francisco-based Lombard Insti...


... middle of paper ...


...urity devices cannot rely on TCP/IP, but future standards are likely to include security improvements in the TCP/IP protocol, of which users will largely be unaware (SOURCE ).

Many new secure systems, such as SSL and SET, were developed by private companies but are on the way to universal acceptance amount Internet users. Java, the new programming language developed by Sun Microsystems, has much promise in security for network environments (DEBORAH AND G.T. 117). Some trade organizations have encouraged the formation of working groups to speed up the creation of secure electron commerce environments. The Financial Services Technology Consortium (FSTC) is comprised of banks, financial services firms, technology vendors, research laboratories, and government agencies (DEBORAH AND G.T. 117). The FSCT is working on converting the Electron Funds Transfer (EFT) protocol from a private to a public network, in order to create a common environment for secure electron commerce transactions. As a general rule, the risk of criminal attack on electronic commerce will be greatest in terms of large-scale attacks (DEBORAH and G.T. 80) as daily transaction become more and more secure.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Electronic Commerce ( Ecommerce ) Essay

- Electronic commerce (ecommerce) refers to a type of business, or commercial transaction, that engages the transfer of information through the Internet (Boltzan, P. 2008). In other words, it is the buying and selling of goods and services including the transferring of data and funds over an electronic network, predominantly the Internet. The leading benefits of ecommerce include twenty-four seven access, and availability, international scope, larger range of goods and services and the speed of accessibility....   [tags: Electronic commerce, Marketing]

Powerful Essays
725 words (2.1 pages)

Tips For An Ecommerce Website Essay

- An ecommerce website needs to have a unique design meant for prompting the visitors to make online purchases. While designing such websites, the designer takes due consideration of selling goods online. Let’s take a quick tour of all the features which must be there to make an ecommerce website: Unique design: You should understand why it is important for an ecommerce website to have a different design from the usual website. They should all be well-organized with appropriately posted eye-catching colors which will attract the visitors....   [tags: Electronic commerce, Online shopping, Website]

Powerful Essays
1924 words (5.5 pages)

Security and Private Issues in Ecommerce Essay

- SECURITY AND PRIVATE ISSUES IN ECOMMERCE INTRODUCTION: Privacy means that the control over data and security of one is the attempt to access the data by other unauthorized . These are two critical issues facing by both consumers and e-commerce sites alike. Since the invention of the World Wide Web , electronic commerce based on the Internet has grown from a simple idea into reality. Consumers browse through catalogs , finding the best deals, order goods and pay electronically ....   [tags: Privacy, Data Control, Security, Consumer Sites]

Powerful Essays
1441 words (4.1 pages)

Essay about Describe The Technologies Involved For Ecommerce

- Describe the technologies involved in ecommerce. Use examples and graphics where possible to support your description. Include: Hardware: Web servers is where all the information that needs processing via http occurs. It is the basic form of network protocols that is used on the internet. An example of a web server is if you would enter a website like www.youtube.com it would send a request to the domain name server to track the ip to see where the server for youtube is located, get the information from the domain name server that then gets the informationfrom the webserver where the data is stored and then is sent back in packets to the person who requested the data....   [tags: World Wide Web, Internet, Web page]

Powerful Essays
729 words (2.1 pages)

Designing An Interactive Ecommerce Website Essay

- At the moment, Access Closet Collection’s management is focusing on putting all modalities in place to develop an interactive ecommerce website that will support professionalism, customer service and swiftness in operation. The company shall employ proven marketing campaign tactics to expand its influence in the online retail market. Going forward, Access Closet Collection shall commit to weighing and reviewing feedbacks from current and prospective clients while leveraging on the word of mouth advantage from satisfied clients to build brand equity that endorses increase in business acceptance....   [tags: Renting, Sales, Marketing, Customer service]

Powerful Essays
826 words (2.4 pages)

Odel Ecommerce Essay

- 1 Odel.lk – Apparel Website Odel is one of the biggest retail stores in Sri Lanka that identified the market opportunity in providing their customers with the ultimate shopping experience that they would not find anywhere else in Sri Lanka. This niche and competitive advantage in Odel’s ambience, high quality products, range and variety has made it widely known as the most innovative brand in Sri Lanka today. (Odel Corporate Website, 2013) Odel.lk is an ecommerce website launched by the company itself aiming to provide customers with an online store where products can be purchased and delivered....   [tags: retail store, Sri Lanka, website, mortar, revenue]

Powerful Essays
2449 words (7 pages)

Ecommerce Essay examples

- Introduction In this report I will be explaining to you the benefits and negatives of ecommerce. I will also be talking about electronic payments and the risk of on-line fraud and what it could mean for your business. To finish off this report I will be giving my recommendation, but by then I think you will have already made your mind up whether you want expand your business into the area of ecommerce or not. In the benefits of ecommerce section I will be explaining to you the potential benefits that the world of on-line shopping have to offer to you....   [tags: Electronic Business]

Powerful Essays
1378 words (3.9 pages)

Essay on Ecommerce

- Ecommerce The Internet has caught on like wild fire. No one ever intended for it to be so commercially successful. In the beginning, its main purpose was to send and receive messages; no one anticipated that one-day people could buy books and cars over a computer. Though with the advancement of certain technologies, this has happened. E-commerce is a worldwide commodity that has taken the place of trips to the supermarket and has given us the freedom to conduct business at out house in our pajamas....   [tags: Essays Papers]

Free Essays
557 words (1.6 pages)

Essay about Ecommerce

- Ecommerce Electronic commerce includes almost any exchange of electronic data related to a business operation. In this discussion, I will be focusing on the use of the Internet for business transactions. Companies that use the Internet as their major source of income have a big concern about electronic commerce security to keep them successful in their online business. Although the technology exists to prevent almost all types of aggression, the nature of the Internet makes accomplishment of security measures difficult....   [tags: essays papers]

Powerful Essays
3309 words (9.5 pages)

Marketing Strategy and ECommerce Essay

- Marketing Strategy and ECommerce Introduction With the rapidly advancing technologies that are occurring in modern business, organisations are required to be ready, and able to adapt within their ever-changing environment. It is true across all diverse industries that in order to stay competitive, organisations must be able to utilise the various tools that technology has to offer. Technological factors have been of growing importance, particularly in recent years. A major factor involved in these technology issues is the use of the Internet as a major issue to modern organisations....   [tags: GCSE Business Marketing BTEC Coursework]

Free Essays
4464 words (12.8 pages)