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 value have been a source of entertainment and education, and not until tardily have become a means of doing business. At the comparable time the net income has also been a fertile grime for fraud. The absence of global regulation, a general lack of begin personnel, security holes created by bugs from software vendors, a lack of positioning of technology by the average user, and easy access to the meshwork from anywhere, makes the Internet a tempting meshing for crime. Areas of vulnerability and of gross security leaks include chat rooms, e-mail, browsers, and modems. Electronic commerce (e-commerce) quarter be defined as using an electronic network to simplify and speed up all stages of the business process, from programme and making, to buying, selling, and delivering (F urnell and Karweni, 1999). Because the Internet is fast, reasonable, reliable, inexpensive, and universally accessible it is considered to be perhaps the outmatch modern-day method for businesss to communicate with their customers and with their partners. The Internet reaches more the one hundred gazillion consumers all over the world. As of 1999, there were terce cardinal traders on the Internet and this number is predicted to rise to 14.

4 gazillion by 2002, over a 300% accession in three years (Furnell and Karweni, 1999). The Global Trading Web connective (GTWA), the worlds largest independent membersh ip organization of electronic marketplaces, ! announced on November 12, 2001 that act among its e-marketplaces is growing at an aggressive rate. When comparing January-June 2001 occupation 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: BestEssayCheap.com

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