Is security an important concern in e-commerce?
Yes, security is a very important issue in e-commerce. Many businesses and consumers are afraid to go online because of fears related to security of information and information systems. The general security concerns in e-commerce involve the following: • User authorization; and • Data and transaction security. How do you ensure user privacy and information security in an open network like the internet? The available authorization schemes which make sure that only authorized users and programs can gain access to information resources such as user accounts, files, and databases, are: • Password protection • Encrypted smart cards; • Biometrics (fingerprinting); and • Firewalls What are the available data transaction security schemes? For purposes of protecting the privacy, integrity, and confidentiality of business transactions and messages, the following data and transaction security schemes maybe used: • Secret-key encryption; and • Public/private-key encryption The above schemes are co
