Nowadays E-Commerce is the modern business methodology that addresses the requirements and necessities of organizations, merchants, and consumers to cut expenditures while improving the quality of goods and services and raising the pace of service delivery.
With the expansion and growth of the internet, E-commerce came into the advancement of networking and multimedia. This is via an open complete network to control online transactions that assist in implementing a variety of business procedures. This method might be servicing goods such as purchasing, advertising, consultancy financial services, commodities payment, and so on. As a consequence, E-Commerce is an open trade on the internet (that is, public network).
Security issues in E-Commerce Systems
The business transactions of E-Commerce are the main security matter that exists in two facets which are the security of information and the security of the system. The safety measures of informal can be tempering with and loss of information, contradiction and forgery information, and so on. The security problems of the system might be hacking, damage to the system by the virus activities, and so forth.
1) Computer Network Problems
Computer network problems are very perilous in the management of security and hard to secure against the attack of hackers.
a) Anti-Virus Problem: Nowadays, new viruses are increasing rapidly because of internet technology. Such viruses directly spread in the networks which results in a big fiscal loss.
b) The Security matters of information: The illegal users maliciously temper the network data which interrupts like increase, diminish, or remote data that causes the information to go up; the authenticity and integrity. Several illegal users sent again intercepted data from the web to maliciously attack the other’s software-hardware in the public network.
2) The Security issue of servers
The basic issue of an E-Commerce system is a business server which is principally the name of information concerning business-related software or hardware a lot of information regarding clients and products such as price, cost, and so on. There are several modes to attack the servers: The certified users can send a large number of invalid requests to host computers to use the fundamental resources of the server which outcomes in the impasse of normal service of the server.
3) Business Transaction Security Issue
a) The problem of uncertainty of identity: The attacker via illegal manners can steal the authorized user identity, and then make use of these identities to acquire illegal revenues via transacting with others.
b) The problem of denial of transaction: E-commerce transactions are not denied as same as traditional trade. Several users shirk their role and send malicious messages via their own sending.
c) Other facets of Security issues: The security threats of E-Commerce come from all possible potential aspects. They are planned or unintended. E-commerce transactions result in a series of legal issues like lease problems of network deals, operator leak information, media waste leading to leak information, and so forth.
All of the above necessitates providing legal protections to E-commerce transactions.
Conclusion
To sum up, the E-commerce industry faces a challenging prospect in terms of security risks it should turn away by the rapid growth in technological knowledge and internet accessibility; illegal becoming more sophisticated and unsafe in deception and attack. In stating this there are several security strategies that any E-Commerce provider can bring about to decrease the risk of attack and negotiate considerably.
From the people’s attention, security issues are occurring by the rapid growth in the field of E-commerce. Security issues and threats in the E-commerce atmosphere are varied and can be caused intentionally and accidentally by both insiders and outsiders. Transaction security in business management is the main matter of E-commerce so as to enhance the atmosphere for the growth of E-Commerce and promote the further growth of IT.