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Security is a primary problem for e-commerce in developed and developing countries. E-commerce security is protecting businesses' websites and customers from unauthorized access, use, alteration, or destruction. The type of threats include: malicious codes, unwanted programs (ad ware, spyware), phishing, hacking, and cyber vandalism. E-commerce ...
Web threats pose a broad range of risks, including financial damages, identity theft, loss of confidential information/data, theft of network resources, damaged brand/personal reputation, and erosion of consumer confidence in e-commerce and online banking. It is a type of threat related to information technology (IT).
It is estimated that only 4% of online transactions use methods other than simple passwords. Security of systems resources generally follows a three-step process of identification, authentication and authorization. [2] Today, a high level of trust is as critical to eCommerce transactions as it is to traditional face-to-face transactions. [3]
E-commerce (short for "electronic commerce") is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing , online transaction processing, electronic data interchange (EDI), inventory ...
Network security covers a variety of computer networks, both public and private, that are used in everyday jobs: conducting transactions and communications among businesses, government agencies and individuals. Networks can be private, such as within a company, and others which might be open to public access.
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Secure Electronic Transaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet.SET was not itself a payment system, but rather a set of security protocols and formats that enabled users to employ the existing credit card payment infrastructure on an open network in a secure fashion.
A 2016 US security framework adoption study reported that 70% of the surveyed organizations use the NIST Cybersecurity Framework as the most popular best practice for Information Technology (IT) computer security, but many note that it requires significant investment. [4]
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