--%>

Security issues of e-commerce

A local manufacturer of work gloves and gardening gloves has been enjoying moderate success in its local markets with a physical sales team. The president is convinced that an e-commerce site could significantly increase sales, particularly on the international market.

Explain to the president the security issues of e-commerce.

E

Expert

Verified

Although the use of ecommerce to improve sales is a thought on every business leaders mind. They need to be aware of all the aspects associated with a decision of such nature. They are most probably aware of the advantages that an ecommerce solution might bring, but they hardly seem to be aware of the dangers associated with using an ecommerce solution:

1. There are constantly new threats emerging, and thus it might so happen that a dedicated team would have to be employed to keep the website up & running and the costs might be slightly higher than the gains that we would realise using an ecommerce solution.

2. The occurrence of fraud may also take place, where a competitor might set up a shop just like ours and divert business to their site (phishing).

3. The hardware for ecommerce may require separate physical protection, this might be easily provided. But the need for logical security may require an outside consultant. And internal and external audits would also have to be conducted to ensure proper practices and policies are maintained.

   Related Questions in Biology

  • Q : Is mammalian embryonic development

    Is mammalian embryonic development indirect or direct?

  • Q : Define antigenic determinant What do

    What do you meant by the term antigenic determinant?

  • Q : Cellular functions of potassium

    Describe the main cellular functions of potassium? Answer: Besides being significant for the osmotic regulation and for acid-base equilibrium (that is, pH) potassium

  • Q : Explain the term gastrulation Explain

    Explain the term gastrulation? How for the period of gastrulation are the first two germ layers produced?  Also explain these germ layers?

  • Q : Analytic Methods for Public Policy

    Homework : Analytic Methods for Public Policy Analysis  Topics Covered Decision Analysis Expected Value

  • Q : Principles of Scientific Management

    Principles of Scientific Management 1)  Replacing rule of thumbs with science:  Taylor has emphasi

  • Q : Define Consultative Sales Consultative

    Consultative Sales: These are a highly successful skill in business to business selling where partnering along with the client is significant. These sales where the sales person wants to work with the client to intend a bespoke solution. Particular de

  • Q : Biological molecule which contains the

    Name the biological molecule which contains the genetic information which is transmitted hereditarily and controls the cellular functioning?

  • Q : Angiosperms-flowering plants Describe

    Describe briefly the term angiosperms, flowering plants? And also write down its main feature which distinguishes them from the gymnosperms?

  • Q : Define Employee Empowerment Employee

    Employee Empowerment: It is creating a working atmosphere where an employee is permitted to make his own decisions in particular work-related conditions. The decisions can be huge or small, and the size and outcome of the decision is