The E-Commerce Security | Project

Added on - Mar 2020

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Running head: E-COMMERCE SECURITYE-Commerce SecurityName of the StudentName of the UniversityAuthor’s note
1E-COMMERCE SECURITYTable of ContentsIntroduction................................................................................................................................1Project Overview........................................................................................................................1Problem Overview.....................................................................................................................2Understanding of Research Issues.............................................................................................3Related Work and Proposed Solutions by Authors to Address Research Issues.......................4Conclusion..................................................................................................................................8References..................................................................................................................................9
2E-COMMERCE SECURITYIntroductionE-commerce or the electronic commerce is the technique by which the various kindsof commodities and goods are sold by retailers and those goods are bought by the customersover the Internet. The entire transaction of goods is conducted over the Internet along withthe transaction of money. There are multiple alternatives to pay for the commodities over thee-commerce site and online payment is one of the alternatives (Brannen, 2017). However,security is the major concern associated with the online payment. The reason for choosingthis topic is to highlight the necessity to secure the online money transaction so that thecustomers can enjoy a hassle-free secure service. The report will showcase the securitymeasures by which the security of the e-commerce site can be established.Project OverviewThe e-commerce site is developed keeping in mind the individual customers as wellas the corporate customers, this help in conducting the business operations and transaction ofgoods in large volumes. The e-commerce provides various kinds of facilities like non-cashpayment, the customers do not have to pay in cash, and they can simply choose to pay viadebit card, credit card and via online banking (Creswell, 2013). The customers can get thefacility to provide 24x7 services, they can shop at their convenient times, can shop on the go.The online retail stores provide better support to the customers; the customers can keep intouch with the e-commerce industry all the time and get solutions to all their queries. Thussecurity and privacy are important. The e-commerce giants like Amazon, eBay invests heavyon these e-commerce websites for ensuring the privacy of the customers and the security ofthe website as well as the company. There is a high risk of security breaches due to the cyber-attacks from the hackers. Thus it is absolute necessity to implement security features to theseswebsites (Ghosh, 2012).
3E-COMMERCE SECURITYThis report will focus on to research the security measures by which the personalsensitive information can be protected and secured. The technology that is used in the e-commerce websites is Secure socket layer (SSL), https, HTTP and Secure hypertext transferprotocol (SHTTP). Secure Socket Layer is widely used convention and is used to conduct thebusiness operations securely and effectively. It is known to provide the security features-non-reputability, validation, encryption and trustworthiness (Davies & Hughes, 2014). Thehttps is used for HTTP URLs along with SSL whereas HTTP is used for HTTP URLs and notalong with SSL. The Secure hypertext transfer protocol caters secure transactions over theInternet. It assists in authentication of the client by implementing encryption method. SHTTPis incorporated into browsers to cater the routine security over the Internet.Problem OverviewThe security issue is the main concern for all the online retailers. The intruders canattack the system and make the system and the database of the e-commerce companies andhack the sensitive data of the company, the financial data and the personal details of thecustomers. If the customers' data gets breached then the data, the privacy of the customerswill get compromised. The e-commerce sites can face huge loss, they can even lose thecustomers’ base. The cyber attackers generally carry out the malicious activities byincorporating virus in the system of the e-commerce server, by taking control over theinsecure network of the e-retailers (Aven, 2015). Trojan horse and the logic bombs are twokinds of threats and take away the sensitive information of the system and the database.Another kind of threat is Denial of Service Attacks and this attack is responsible to takecontrol of one’ system and disallow the owner to access their own system. This attack is alsoresponsible to shut down one's server and one's system. Another popular attack is a phishingattack.
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