E-Business and Risk Management: Types of E-Business, Risks, and Risk Management Process

This presentation covers the basics of E-Business and Risk Management. It discusses the different types of E-Business, such as B2B and B2C, and the risks involved, including operational, payment, legal, and email risks. The presentation also explains the process of risk management in E-Business and the potential exposure to loss. Finally, it emphasizes the importance of developing incident response plans and communication strategies to ensure business continuity.

E- Business
In E-business, Company and the world the is outside
perform
 Online form of business
 Administrative transaction
 Exchange of information
All this execution is done using ICT for E-business

Risk Management
• Risk Management measure or assess the
potential or actual dangers for the particular
situation.
• It monitors and address the loss potential

Types of E-Business
 Texting, fax, Email
 Business to Business(B2B), Business to
Consumer(B2C) of buying and selling
 mBusiness, a mobile business for communication
through the use of technology

Type of risk in E-business
• Operational Risk
• Payment Risk
• Legal Risk
• Email
• Fax
• Website sales for products and services
• Self or other Website advertising

Operational Risk
Risk occur due to failure and inadequate internal processes,
system and people from the external events.
 Risks that are include
 Internal Fraud
 External Fraud
 Physical Assets Damage

Payment Risk
 Uncertainty risk to meet the ability to counter part
It include: Interbank Transactions
Transaction through credit card
Mobile Payment
Paypal

Legal Risk
The Legal risk deals with the legal
problems focusing on counterpart risk.

Email
 Spam and multi-layered malware
 Secure encryption and messaging
 Data leak
 File sharing

Approach made to identify risk

Process of Risk Management in E-Business

E- Business Exposure to Loss
• Transmit Virus
• Data Loss
• Money loss with service interruption
• Fraudulent transaction through credit card
• Intellectual Property Infringement
• Hacker accesses system

Conclusion
• E- Business develop an incident that are
appropriate to response a plans.
• It include the communication strategies were
it ensure business continuity.
• The risk are control by managing it online
and protecting all data of the client and
customer.

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