E-commerce Security: Risks, Mitigation, and Analysis Report - Findings

This report delves into the critical aspects of e-commerce security, addressing the growing concerns associated with online transactions. The study begins by highlighting the increasing prevalence of e-commerce and the corresponding rise in security risks. It aims to identify the specific risks involved in e-commerce transactions and evaluate effective mitigation strategies. The research methodology involves a survey of 50 participants with experience in e-commerce, utilizing a random sampling method. The findings reveal that denial of service, brute force, and phishing attacks are significant threats. The report also explores various mitigation techniques, including encryption and regular security updates. The report further discusses the importance of understanding and addressing these risks to ensure the security of e-commerce transactions. The report concludes by emphasizing the need for proactive measures to safeguard against the identified threats and suggests measures to secure e-commerce transactions.

E-COMMERCE
SECURITY

Introduction and Presentation
Summary
■ The presentation aims in identification of the different
risks and issues in ecommerce
■ It is quite essential to identify the risks in ecommerce
mainly because the use of ecommerce has seen a steady
increase in recent years
■ The presentation will be evaluating the findings from the
previously published literature
■ The research results are highlighted in this research study.

Background To the Research
Problems
■ Research related to ecommerce security has been undertaken
to identify the security risks in ecommerce.
■ It is necessary to identify and analyze the risks and issues in
ecommerce mainly because its is associated with transfer to
personal information such as details of credit card.
■ With the rapid development and increase in use of e
commerce, the security risks associated with the ecommerce
is needed to be evaluated

Aims and Objectives of the
Research
■ The aim of the study is to identify the risks associated with e
commerce transaction and to evaluate the different security measures
that can help in ensuring secure e commerce transaction.
■ The objectives identified for the thesis are as follows-
o To identify the risks associated with the ecommerce transactions
o To understand the source of risk related to ecommerce
o To evaluate the risk mitigation options in E-commerce
o To recommend secure usage of E-commerce

Key Literature
■ The literature review section has identified certain key risks in
the field of ecommerce are as follows-
o Denial of service Attack
o Brute Force Attack
o Phishing Attack
■ The Risk mitigation techniques include –
o Encryption
o Cryptographic Measures

Proposed Method
■ For the research undertaken, the researcher has chosen to
collect primary data
■ The primary data has been collected from a sample size of 50.
The sampling method that is followed in this research is
random sampling method
■ The research respondents have an experience in the field of
ecommerce and ecommerce transaction
■ A questionnaire has been designed as a part of survey and
primary data has been collected from the survey.

Potential Findings
■ The analysis of the data collected from the
primary sources indicates that the major
risk in the field of ecommerce is denial of
service attack, phishing attack and brute
force attack
■ These risks can be mitigated by taking
certain preventive measures
■ Encryption and regular security updates are
two most effective techniques of risk
mitigation
12
165
17 Brute Force
Attack
Denial of Service
Attack
Others
Phishing Attack