SME With Electronic Commercial Transact Research Paper 2022

Running head: SME WITH ELECTRONIC COMMERCIAL TRANSACTION
SME WITH ELECTRONIC COMMERCIAL TRANSACTION
Name of Student:
Name of University:
Author note:

SME WITH ELECTRONIC COMMRERCIAL TRANSACTION1
Table of Contents
Executive Summary...................................................................................................................2
Introduction................................................................................................................................3
Body...........................................................................................................................................3
Comodo certificate fraud hack...............................................................................................3
SME: Shopmatic....................................................................................................................3
IT security problem................................................................................................................4
Security problems of Shopmatic............................................................................................4
Proposed solution...................................................................................................................6
Conclusion..................................................................................................................................8
Recommendation........................................................................................................................8
Appendices:..............................................................................................................................12

SME WITH ELECTRONIC COMMRERCIAL TRANSACTION2
Executive Summary
The aim of the paper is to develop a clear structure relating the Comodo certificate fraud hack
with the SME “Shopmatic” that conduct electronic commercial transactions. In the paper a
brief idea about security problems that are related to IT will be described. The structure of the
organisation will also be defined and the way it uses the electronic transactions. After which
the problems which may affect the organisation will also be discussed. The report will also
give certain solutions relating to the issues. It will be discussed the way the organisation can
overcome the threat while using electronic transactions. Thus the report will help all the other
organisations to understand about the threat and they will be able to guide themselves
according to the paper and will be able to avoid any such vulnerabilities. In the end, the paper
will conclude the advantages that the viewers will be going to avail due to the report. The
report also concludes that the apaer will be helpful for both the companies and the clients.

SME WITH ELECTRONIC COMMRERCIAL TRANSACTION3
Introduction
The main motive of the investigation is to find all the vulnerabilities that are related to
the attack of Comodo certificate fraud hack. It is also aiming to understand the ways which
may affect the SME’s that are related to electronic commercial transaction. In this report an
organisation is choosen named Shopmatic which does e-commerce transactions. A relation is
drawn in between the fraud attack and the organisation which may cause effect on the
organisation. In this case it is discussed in the report the way the problems can be countered
by the organisation. The report aims that the discussions will help the organisation from
getting affected from the related attacks in future.
Body
Comodo certificate fraud hack
This is the type of hack which cause creating of certificates by Comodo (Kang, Fahd
and Venkatraman 2018). This was popular in case of the email providers such as Gmail,
Hotmail and others. The attack choose targets which are mainly of various email sites (Roosa
and Schultze 2013). It is said that an Iranian hacker is in behind of this hack. It is alleged that
there is full access with him to the InstantSSL.it (Specter 2016). With the help of this the
hacker managed to make nine such certificates of that to within 10 to 15 minutes.
SME: Shopmatic
This is an ecommerce company that have international business. The main motto of
this company is to help people that are online intending to sell various products and various
services. They provide any type of services online, thus they goes through various electronic
transactions as well (goshopmatic 2019). In other words they are mainly dependent on
electronic transaction. They also have collaborations with different companies.