Wednesday, May 6, 2020

E-Commerce Security Issues - 2413 Words

[pic] INTERNAL ASSIGNMENT Name of the candidate: ISHA Enrollment no. : 01215903911 Course: MBA Batch: 2011-13 Subject: E-business Subject code: MS-114 Topic of assignment: Is security a real or perceptual problem in Web commerce. Subject Teacher’s name: Ms. Sneha Chopra ABSTRACT This project report contains the study of â€Å"is security a real or perceptual problem in web commerce†. The content includes the security related issues being faced by the companies or organizations in their business through e-commerce. The tools being available in market to cope with such issues†¦show more content†¦There are a number of critical social and organizational issues with security. The first is that the weak link in security is often users or employees, rather than the technology. The second is software engineering management, or managing how security technology is deployed. The third is the development of adequate organizational processes for risk management, separation of duties, and development of security policies, access control, and security assurance. Advantages of E-commerce Lower Cost Doing e-business is cost effective; it reduces logistical problems and provides a small business with competitive advantage with giants such as Amazon.com or General Motors. E commerce helps in reducing cost of business as it enables to get access to large population. Economy It helps in development of economy. It provides the business an international platform to do transactions and get a competitive advantage in the economy and increase the productivity. Higher Margins E-business along with higher margins helps in gaining more control and flexibility and enables to save time when manual transactions are done electronically. Better Customer Service E–commerce means better and quicker customer service. Online customer service makes customers happier. Instead of calling your company on the phone, the web merchant gives customers direct to their personal account online.Show MoreRelatedE-Commerce Security Issues860 Words   |  3 PagesE-Commerce Security Issues The new electronic interdependence recreates the world in the image of a global village. (From The Medium is the Message) Historical Glimpse Marshall McLuhan was the first person to popularize the concept of a global village, and to predict its social effects. His insights fundamentally changed how everyone has thought about media, technology, and communications ever since. 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Which is potentially the toughest to overcome? 1.Read MoreDescriptions and Definitions of the Internet and E-Commerce1117 Words   |  5 PagesIbikunle Grillo) Alao, Benjamin (2012). DQ1: Technology Update. The article is very thorough in its descriptions and definitions of the web, the internet and e-commerce.I fully support the stance the author takes on thesedefinitions and capabilities of the internet and e-commerce. As noted in the paper,In order to understand the concept of e-commerce, it is important to have a true understanding of the concept of internet. Internet is defined by Rayport and Jaworski (2002,p.40) as a collection of wires

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