Ecommerce Cyber Crimes

Any forced requirements for password for each user (example: minimum 5 and maximum 8 and include alphanumeric characters).

One important part of E-Commerce is maintaining stringent site security, confidentiality for the customers, integrity, and availability, also a secure system must contain authentication verification of the user, Authorization, allowing manipulation of the resources in a specific way and Encryption for records and transactions.

In the E-commerce security is most important point because a website is to protect the valuable information. It plays a vital role to provide security to the customer information. It mainly deals when the customer doing the online transactions. By this security support the customer has trusted on the E-commerce website as well as they protects their personal information from the thief’s and hackers.

In this era of globalization and cut-throat world of competition, it is virtually impossible to do business without using the internet and web applications. Internet gets used for processing the credit card or debit card sale and even for using to save the data of customers to the merchant’s database for future reference and to send promotional offers to the previous and patron customers. And on the other hand, hackers are trying their best to get the data stored on the merchant’s server by spoofing

Four, it’s about the data security and integrity. The integrity refers to the ability to ensure that information being displayed on a web site, or transmitted or received over the internet, has not been altered in any way by an unauthorized party (Laudon and Traver, E-commerce 2015, Global Edition). Companies must have in place a technical and physical safeguards to prevent the breach of data.

[53] This strengthens the security systems of e-commerce business by applying strict actions towards selling fake products and providing poor customer services. [52]

One most important thing that customers look at before deciding on transacting with a business is the privacy and protection of customer information. Without assurance that the two are guaranteed, many will drift away as they need security and protection online. Fraudsters are also over online and much are worried about the safety and security of services online. The fact that many are using services to transact their businesses, calls for more vigilant and secure platform that will protect information related to customers against breach which can lead to identity theft. Businesses that are establishing should employ more efficient cyber security strategies to ensure that they curb the problem of data breach (Gold,

Virtually every business today uses at least one form of computer information technology. Business firms use computers to automate and assist in managing everything from operations, sales, finance, and logistics. Internal databases and intranets are used for internal controls and organizations are connected via the internet to conduct sales, marketing and many other communications and transactions. Electronic business, or e-business, is dominating modern markets and the business world. This new world of technological innovation has exponentially increased efficiency and globalized the world’s economies. Unfortunately criminals still exist and continue to exploit businesses, committing acts of theft, vandalism, and terror.

“E-commerce security has its own particular nuances and is one of the highest visible security components that affect the end user through their

Information Technology solutions have cleared a path to another universe of web, business systems administration and e-keeping money, maturing as an answer for diminish costs, change the advanced monetary undertakings to more less demanding, expedient, effective, and efficient technique for exchanges. Web has developed as a gift for the present pace of life but in the meantime additionally brought about different dangers to the shoppers and different establishments for which it 's turned out to be generally helpful. Different lawbreakers like programmers, saltines have possessed the capacity to clear their approach to meddle with the web accounts through different strategies such as hacking the Domain Name Server (DNS), Internet Provider 's (IP) address, ridiculing, phishing, web phishing and so on and have been fruitful in increasing "unauthorised access" to the client 's PC framework and stolen helpful information to increase tremendous benefits from client 's records Cybercrime includes criminal activities that aim PC, web, or system

One problem of shopping online is credit risk, although it brings us convenience, it also brings us some negative effects at the same time. Credit problems of online shopping are rising obviously because of the rapid development of online shopping. In particular, in most cases lots of criminal use a stolen card to withdraw cash or pay due to the users’ personal information and bank card information are disclosed without any precaution. It might be lead to personal information has been abused and cause financial losses. According to MITTAL (2017), network security is a big problem, and if the website does not have strict network security measures, the customer's data might fall into the hands of criminals, such as name, address, bank card information and phone number. Therefore, personal awareness of prevention is important. In addition,

Although technology has brought many advances to the conducts of business by way of automating the process of inventory, calculating sales, and processing digital payment, information of all kinds is now floating around in cyberspace. In the protection of privacy, whether governmental, corporate or personal, much of this information must remain concealed from the outside. Unfortunately, the ease of locking away sensitive information is not always simple and threats against the security of information and privacy are ongoing. In the United States, FBI reports of online crime both fraudulent and non-fraudulent increased by 32% in just a four year period from 2004 to 2008 (Wagner. 15).

Hacking is where unwelcome and unlawful users somehow achieve entry to a network. This illegal user or hacker can then take over your network and be able to modify specific aspects of a website as if they are really the actual users, these hand over information that could demonstrate serious issues e.g.; customers could hand over their personal details to the wrong people or person. This issue can be prevented from occurring by using the e-commerce system which would have to be

What can be done to improve e-commerce security on the Internet? Give several examples of security measures, and technologies you would use.

The website is offering a big catalogue of digital materials (music) to customers whom are typically submitting their credit cards in the payment process to purchase these items online. The actual business transaction between the website and the customer is to our knowledge a legitimate one, it is only after the payment is made where the actual fraud occurs, as the credit card info is passed on to the Russian mafia who collects these info and sells them in lots to other criminals in the black/underground market. This sequence of actions can be aggregated in two main acts of crime, this first one happens by leaking/revealing the credit card information, or failing to protect it at best, and the second one happens when the credit card info is used without the consent of the owner to buy goods illegally. Any successful strategy should address and mitigate both sub crimes which can be discussed legally under the data protection act and online finical fraud legislations respectively[ ][ ].