Transaction Security : E Commerce Environment

This paper is about E-Business / E-Commerce E-Trust, E-Security, & E-Privacy. The main topics that will be discussed are mainly from the consumers standpoint, but also a little from the E-Business and E-Commerce standpoint as well. The scope of this paper does not include details on how to establish security nor address privacy concerns.

Some security risks involved with conducting business online are imposters, eavesdroppers and thieves. Also, there are crackers or hackers, which are people who write programs and manipulate technologies to obtain unauthorized access to computers and networks. The elements of computer security are secrecy, integrity and necessity. Secrecy is protecting against unauthorized data disclosure. Integrity is preventing data from being modified by someone who is unauthorized and ensuring that the contents of emails aren’t changed before they get to he recipient. Necessity is preventing data delays or denials. It is important to establish a security policy to protect assets, to define acceptance and unacceptable behavior and to review physical and

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.

E-commerce applications require critical networks to accommodate video, voice, and data traffic as the numbers of users increase the need for greater performance and support is necessary. As a network in a company enables more applications and are available to more users, the applications become more vulnerable to security threats. To ensure e-commerce transactions are not compromised security technology play a major role, and there are four categories that must be addressed:

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

The e-commerce changes the way people do business. This new deal of doing business will continue to growth adequately with the privacy protection. The confidence of the customer is very important to increase the success of the e-commerce. Thus, a good system of the privacy protection is a must for the online

Book Bunker’s interest in accepting payments online also requires knowledge regarding online security. Online security is vital to an e-commerce business, because customer information, as well as transaction information is available to hackers if the correct security protocols are not implemented. Creating a secure online environment for Book Bunker customers can be done through various security features such firewalls, software, and a secure e-pay service. Security protocols should be implemented prior to the online payment system being activated, to ensure the customer information and transaction records are protected. The acceptance on online payments will also require preparation, such as creating a merchant account, choosing a service, and imbedding the service on the Book Bunker website. Implementation can be time consuming, but the result will be increased revenue for Book Bunker, because customers will not be deterred by the requirement to complete sales over the phone or in the store.

Internet Protocol Security (IPsec) is a set of protocol for establishment of securing Internet Protocol (IP) communications. Safety on data was established through process of authentication and encryption of each IP packet in every communication session. At the beginning of the session, mutual authentication between agents will established and cryptographic keys to be used will arbitrated during the session. IPsec can be applied in protecting data flows not only between pair of hosts and pair of security gateway but also for between a security gateway and a host.

Ethical issues are the major concern in todays secured data communication and electronic commerce. Though the applications are robust, secure and reliable, the users are concerned about their personnel information and sensitive information being misused. These days’ web applications and electronic commerce applications collect user’s personnel information and banking information. These applications are so abstract that the end-user has no idea whether this information is collected by a genuine party or they are being trapped. In this paper the primary motive is to provide the ethical issues related to data security. This paper provides the ethical issues facing by the individuals even the security of the applications is so high.

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 the last decade, more and more companies have started to look into e-commerce to connect them to the infinite world of global suppliers, partners, consumers and much more. This boom in technology has placed multiple assets are risk from a security stand point allowing hackers/crakers and anyone on the internet to gain access to these network and gain information or try to jeopardize business to a point where it stand stills.

The second popular protocol for VPN is IPSec, which stands for Internet Protocol Security. One of IPSec features is that it includes an integrity check that ensures that no packets are deleted, added or tampered with during transmission. The other feature is that IPSec uses machine level certificates which authenticate

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

In figure 1 the arrows represent the directions of these transactions. Work on the system has proceeded in two directions: the e-payment model itself and the security considerations.