The threat of internet security and its effects on electronic commerce

The threat of net security is an issue of growing concern. In the last decade, the number of people using computers on a regular basis has exploded. For quite some time now, computers and the do good have been a source of entertainment and education, and not until lately have become a means of doing business. At the connatural time the net income has also been a fertile stain for fraud. The absence of global regulation, a general lack of sustain personnel, security holes created by bugs from software vendors, a lack of correspondence of technology by the average user, and easy access to the profits from anywhere, makes the Internet a tempting engagement for crime. Areas of vulnerability and of normal security leaks include chat rooms, e-mail, browsers, and modems. Electronic commerce (e-commerce) grass be defined as using an electronic network to simplify and speed up all stages of the business process, from determination and making, to buying, selling, and de livering (Furnell and Karweni, 1999). Because the Internet is fast, reasonable, reliable, inexpensive, and universally accessible it is considered to be perhaps the outflank modern-day method for businesss to communicate with their customers and with their partners. The Internet reaches more the light speed gazillion consumers all over the world. As of 1999, there were terce trillion traders on the Internet and this number is predicted to rise to 14.

4 billion by 2002, over a 300% summation in three years (Furnell and Karweni, 1999). The Global Trading Web tie (GTWA), the worlds largest independent membership organ ization of electronic marketplaces, announce! d on November 12, 2001 that act among its e-marketplaces is growing at an aggressive rate. When comparing January-June 2001 drill with the aforementioned(prenominal) time period in 2000, GTWA e-marketplace transactions have increase 733%, with their 2001 year-end projections topping 2 million. When... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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