Threat to E-Commerce
E-Commerce refers to the activity of buying and selling things over the internet.
Simply, it refers to the commercial transactions which are conducted online. E-
commerce can be drawn on many technologies such as mobile commerce, Internet
marketing, online transaction processing, electronic funds transfer, supply chain
management, electronic data interchange (EDI), inventory management systems,
and automated data collection systems.
E-commerce threat is occurring by using the internet for unfair means with the
intention of stealing, fraud and security breach. There are various types of e-
commerce threats. Some are accidental, some are purposeful, and some of them are
due to human error. The most common security threats are an electronic payments
system, e-cash, data misuse, credit/debit card frauds, etc.
Electronic payments system:
With the rapid development of the computer, mobile, and network technology, e-
commerce has become a routine part of human life. In e-commerce, the customer
can order products at home and save time for doing other things. There is no need
of visiting a store or a shop. The customer can select different stores on the Internet
in a very short time and compare the products with different characteristics such as
price, colour, and quality.
The electronic payment systems have a very important role in e-commerce. E-
commerce organizations use electronic payment systems that refer to paperless
monetary transactions. It revolutionized the business processing by reducing
paperwork, transaction costs, and labour cost. E-commerce processing is user-
friendly and less time consuming than manual processing. Electronic commerce
helps a business organization expand its market reach expansion. There is a
certain risk with the electronic payments system.
E-Commerce refers to the activity of buying and selling things over the internet.
Simply, it refers to the commercial transactions which are conducted online. E-
commerce can be drawn on many technologies such as mobile commerce, Internet
marketing, online transaction processing, electronic funds transfer, supply chain
management, electronic data interchange (EDI), inventory management systems,
and automated data collection systems.
E-commerce threat is occurring by using the internet for unfair means with the
intention of stealing, fraud and security breach. There are various types of e-
commerce threats. Some are accidental, some are purposeful, and some of them are
due to human error. The most common security threats are an electronic payments
system, e-cash, data misuse, credit/debit card frauds, etc.
Electronic payments system:
With the rapid development of the computer, mobile, and network technology, e-
commerce has become a routine part of human life. In e-commerce, the customer
can order products at home and save time for doing other things. There is no need
of visiting a store or a shop. The customer can select different stores on the Internet
in a very short time and compare the products with different characteristics such as
price, colour, and quality.
The electronic payment systems have a very important role in e-commerce. E-
commerce organizations use electronic payment systems that refer to paperless
monetary transactions. It revolutionized the business processing by reducing
paperwork, transaction costs, and labour cost. E-commerce processing is user-
friendly and less time consuming than manual processing. Electronic commerce
helps a business organization expand its market reach expansion. There is a
certain risk with the electronic payments system.
