E-Commerce Evolution

In today’s modern society, to which a well-developed information technology has been applied, it is getting more and more inevitable to use it in our everyday life, since people can store and access to their private information in one place without difficulty. However, this is also the danger of it, as it has become much easier for a third-party to collect and steal information online. Consequently, many cautious company and institutions are aware and well prepared for the potential cyber data hack attacks. (Bennett, 1992)

Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer

We are living in the world where we are required to yield our personal data information to authority or companies such as names, date of birth, social security number or even credit numbers (Magalhaes, 2012). We may be aware that the personal data can expose to unauthorized people if our data is not secure properly, either via wire or wireless network. Lost or stolen data has been seen while data is transferred between different users using both networks. Can we trust companies to keep our data safe from being lost or misuse? Yes, we can. With new cyber-crime laws are enforced, it is in the company's best interest to keep their customers' data more secure (Magalhaes, 2012). This article will summarize the major security risks and threats to

Security in the age of internet has become a tremendously important issue to provide comfort not only for paranoid people but for many others who are naïve to believe that protection in digital era is essential to communication between millions of people that increasingly used as a tool for commerce.

In today’s vastly technological world, when it comes to internet and computer security, people are either scared or unaware of the dangers present. Everything we use in our daily lives, from devices such as phones, tablets, and computers, to cars, gas stations, and electrical plants, is run by computers. This puts millions and billions of people at risk with impending security attacks just a keystroke away. The threat of an attack or breach in a system puts information security at a premium for many organizations and individuals. Therefore the onus is on businesses and organizations to ensure the confidentiality of information in their possession. Securing information prevents breaches and cyberattacks, protects the privacy of

In 2013, 50 major global organizations reported that 63,437 security incidents and 1,367 confirmed security breaches had significantly impacted their business. [cite] Even more staggering, over 100 million Americans—that 's 1 out of 3 citizens—had their credit or debit card information pilfered by hackers over the course of 4 data breaches between 2013 and 2014 [cite], with confirmed evidence that breaches of this type are increasing. These statistics show that there are serious problems now existing in the realm of information security and the internet. However, it is undeniable that society today is largely dependent upon the technology that handles our information along with many facets of society such as social media that would leave us completely non-functional without technology. Consequently, there is an ongoing debate about the issues of information security and how to solve them. Some people believe it is the simple matter of installing security programs on their devices, or using a network that its proponents have labeled it as 'ultra-secure ' to solve the problem. On the other hand, others believe that these are information security issues that, given technology today and in the future, will never have a permanent solution.

Businesses, Governments and academic institutions are becoming needy on the internet in their day to day undertakings. Similarly, consumers are increasing their use of e-commerce and online shopping more. This indicates increasing openings for hackers to intercept and disrupt activities.

Electronic commerce has been there for a long time now, and it is a practice that is practiced by peoples from Germany, France, and the US on a daily basis. Since its inception around 40 years ago, e-commerce has continued to grow as innovations, technologies and a lot of business reverting to the use of the e-commerce. The aspect of buying and selling of goods in the early 1960s was sluggish with the traditional way of mailing of documents being replaced with the Electronic Data Interchange (EDI), which would later pave a way to the electronic commerce. After the e-commerce, however, the practice was not more reliable as it still had many challenges (Tsolis, 2009). For instance, it was not easy for buyers to see products from the comfort of their homes and more so, the methods of accessing the information were limited.

In 1991, the internet became available for commercial use, which introduced the possibility for what we now know as electronic commerce, or e-commerce. By 2000, “a great number of business companies in the United States and Western Europe represented their services in the World Wide Web” and it was at this time that the e-commerce that we utilize in today’s business world took shape (e-commerce Land, n.d.). “People began to define the term ecommerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services” (e-commerce Land, n.d.). Through continued growth of the internet, brick and mortar stores came to realize that electronic representation would be an

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

According to the Google dictionary, E-commerce is commercial transactions conducted electronically on the internet. Today, more business owners who use an e-commerce platform

The data required by E-commerce not only attracts businesses and consumers globally, but because of the profitable nature of the data used to exchange money, Internet criminals known as "hackers" electronically probe and loiter networked pathways with the intention of intercepting this valuable information.

The internet has been a wide usage in all the fields in the present competitive world. It is being used in the education, research, business and what not, in everything. But providing security for the users information or transactions or any other data in any of the field has become a paramount. This paper gives a vivid picture of “E-commerce” and the vulnerabilities they are facing in providing a secure system for the users. In other words, how the security attacks are made either by the hackers or the intruders, the ways how they attack and exploit to illegitimate means.

The Secure Networking Protocols tutorial speaks directly to the need for businesses conducting significant ecommerce activities to ensure the protection of sensitive information both relating to the company and to its clients. According to the tutorial in question, "as HTTP and the web became popular, it became clear that it was important, particularly for web-based transactions, to verify, for example, who is receiving your credit card information." In light of this, the tutorial identifies modes such as cryptography that can be used to prevent hacking of personal information as well as identifying secure applications such TSL, SSL, PGP and SSH that can help to reduce this threat.