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Unit -5 Lesson -1 Security and Legal Aspects of E-commerce: E-commerce security Meaning and issues Notes

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  E-Commerce Unit -5 Lesson -1  Security and Legal Aspects of E-commerce: E-commerce security Meaning and issues Security and Legal Aspects of E-commerce: E-commerce security Meaning and issues; What is e-commerce? It is commerce taking place using the World Wide Web as an enabling transport. The web is the way to do business for many reasons, including access and consistency. However, any transaction-taking place across the public Internet is open to a wide variety of security problems. E-COMMERCE SECURITY ISSUES The use of the Internet means that your internal IT and e-commerce systems are potentially accessible by anyone, irrespective of their location. Because the Internet is unregulated, unmanaged and uncontrolled, it introduces a wide range of risks and threat to the systems operating on it. The following points outline the security issues related to e-commerce Access control : Access control ensures only those that legitimately require access to resources an: given ac-cess and

UNIT - 1 E- COMMERCE NOTES

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  UNIT - 1  E- COMMERCE NOTES  Introduction to E-Commerce Concepts and significance of E-commerce E-commerce, or electronic commerce is an emerging concept that describes the buying and selling or exchanging of products, services and information via computer network including the Internet. It has been defined broadly as the transacting of business over the Web. E-commerce will first pass through the phase of "electrification" of current trading practices, and only later evolve into something radically different from its physical counterpart. The emergence of electronic commerce started in the early 1970s with the earliest example electronic funds transfer (EFT), which allows organizations to transfer funds electronically. It helps to extend inter business transactions from financial institutions to other types of business and also provides transactions and information exchanges from suppliers to the end customers . Driving forces of E-commerce The Internet's massive growt