One needs to be careful while doing e-commerce activities. However, due to security and usability issues, only 29% of … Perpetrators of technical attacks, and in particular Denial-of-Service attacks, typically target sites or services hosted on high-profile web servers such as banks, credit card payment gateways, large online retailers and popular social networking sites. Due to these reasons business through the internet becomes difficult. Privacy has become a major concern for consumers with the rise of identity theft. GDPR Cookie Consent; CCPA Cookie Consent 1.1 Social and business issues Why is privacy of concern to e-commerce? Our obligations to our merchants include data security, privacy, and compliance concerns across our entire platform and through all internal systems like Marketo and Salesforce. In the case of traffic analysis of the data files, assigning the file permissions on the directory, logs, and the files themselves is the preferred technique. A possible security breach could be a nightmare for a business owner. GDPR is a relatively recent law enacted in the European Union to ensure the protection of European Economic Area (EEA) citizens’ personal data and privacy. If you adopt and follow a reasonable privacy policy and develop sound practices to protect personal information, you can reduce your risk of liability and enhance customer confidence. Security Flaws . This is a very good system for electronic transactions, since two stranger-parties, perhaps living far apart, can confirm each other’s identity and thereby reduce the likelihood of fraud in the transaction. Threat of security issues in Information Science has now become an important subject of discussion amongst the concerned users. Social engineering techniques include pretexting (where the fraudster creates an invented scenario to get the victim to divulge information), Interactive voice recording (IVR) or phone phishing (where the fraudster gets the victim to divulge sensitive information over the phone) and baiting with Trojans horses (where the fraudster ‘baits’ the victim to load malware unto a system). Electronic commerce (E-commerce) websites have grown significantly over the years. How a company will use any information submitted by him/her? Both EU and US legislation at both the federal and state levels mandates certain organizations to inform customers about information uses and disclosures. E-Commerce has led to a new generation of associated security threats, There are several threats that badly effect on e-commerce. The trustmark is awarded only to sites that adhere to TRUSTe's established privacy principles and agree to comply with ongoing TRUSTe oversight and resolution process. Phishing is the activity of defrauding an online account holder of financial information by posing as a legitimate company. Get critical infromation for loss prevention professionals, security and retail management delivered right to your inbox. Lawmakers around the world are coming to recognize that as e-commerce platforms continue to grow, so too does their potential for exacerbating consumer digital privacy issues. Proof of data integrity is typically the easiest way to eliminate these problems. If you continue browsing the site, you agree to the use of cookies on this website. The need to educate the public about the ethical and legal issues related to e-commerce is highly important from a buyer as well as seller perspective. M-commerce vs. E-commerce. (PDF) Security and Privacy Issues in E-Commerce | anuranjan misra - Academia.edu e-commerce has changed the way to doing business. This may be used, for instance, in analyzing the competitive level of your site by a site that provides the same services or products. I believe the people who are demonstrating against injustice have a right to demonstrate in whatever way can draw attention to the message and take what they feel belongs to them. Digital Signatures using public-key cryptography and hash functions are the generally accepted means of providing non-repudiation of communications. There must be some copyright protection on the site. Legal ethical issues E commerce Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A cornerstone of the program is the TRUSTe "trustmark," an online branded seal that takes users directly to a company's privacy statement:http://atlas.kennesaw.edu/~tnguyen4/truste.gif. Data privacy is a hot topic because cyber attacks are increasing in size, sophistication and cost. The issues turn on the provision of sufficient band width for the surging use that is also moving to multimedia transmissions, and on the problems fostered by the decentralized nature of the Internet. Such a system employs double keys; one key is used to encrypt the message by the sender, and a different, key is used by the recipient to decrypt the message. Inspite of that a large percentage of users (20%) reported that they had their credit card stolen, there is still a lot of consumer confidence in credit card mode of payment. Cite this document A man-in-the-middle attack is where the attacker secretly and invisibly relays or possibly alters the communication between two parties. Any e-commerce system must meet certain criteria to guard against potential threats. It’s true that many of these issues are highly technical and usually the domain of trained IT specialists. Before developing an e-commerce site a registered domain and a registered trademark should be established. 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