Why Should Ebay Be Legal Action?

Even after the attack, when the company did not know whether the customer information, which included credit card information, the company had no intention to announce the security breach to the public. This can be detrimental to the company if customers became

Dembosky, A. (2012). Ebay moves beyond its dotcom roots. Available:http://www.ft.com/cms/s/0/df3723ca-1773-11e2-8cbe-00144feabdc0.html#axzz2EbzDqb5Y. Last accessed 10th Dec 2012

Many businesses have shown that after implementing an e-commerce system into their companies, sales have increased immensely. Sneaker Joe’s is a small family run business that is looking to expand their business after the sneakers they sell have shown to be very popular locally, after a picture of them was spotted on a social networking site. I have been looking at some of the most popular websites that consumers use to purchase their goods and what kind of commerce system they have in place, but first, I have written an explanation of the different types of ecommerce used today.

Following the invention of Online Transaction Processing (OLTP), primarily used by the airline, banking, and retail industries during the late 1960s, the introduction of E-Commerce progressed towards a global enterprise design which incorporated commerce for web, mobile and the business-to-customer and business-to-business models. Such designs became more useful as they increased the ability to manage and provide powerful tools to aid potential customers with searching, merchandising, master data management, order management, and web content management. Such designs present a great benefit to companies because the platforms make

e-commerce is all about using the Internet to do business better and faster. Most businesses

Instead of just allowing the cyber-attack to occur in roughly February or March of 2014, eBay should have taken additional steps to continue securing their servers. Some also question whether it is necessary for eBay to hold the data including addresses and other information for their customers and for the shipping requirments. The fact that they already push out much of their billing info to PayPal does help, but it could have been even better if they would push the sensitive data out to other third parties and other

In 2013, The US retailer was had one of the largest security breaches for a US retailer. From Nov 24th to Dec 15th hackers were able to steal 40 million credit cards records using the Zeus virus for entry. They then manipulated the POS system to record all credit cards and debit cards. The Zeus virus has been able to infect more then 3.6 million pc and continues to do so. The hackers were able to access Target’s network through a third party vendor and access core systems to begin there chaos. Target’s IT security actually was able to identified the malware with FireEye during the breach but did not act due to failure in security process. The total damage of this breach is estimated to be 252 million and brought a larger spotlight on

E-Commerce is the electronic purchasing and selling of goods and services over a private and or public computer network, which is usually Internet based. For instance, you as a customer would select an item online with the network, and then through this network would affect the purchase. This transaction is also known as a Clearinghouse or electronic exchange. Majorly all e-commerce applications utilize the three-tier architecture, which can be seen in Figure 8-5 of the Experiencing MIS textbook. The three tiers are made up of a user tier, server tier, and a database tier. The user tier consists of computers that have browsing capabilities that request and process web pages, and other database through the Cloud technology, as well as Web 2.0. The server tier also utilizes computers that run Web servers to generate Web pages, Cloud locations, and other data in response to request from browsers. These servers also process application programs as well. Most importantly the database tier is in place to run the database management systems (DBMS), and receive and process structured query language (SQL) to receive and store data. As effective as e-commerce is, there are some major setbacks that plague the industry. Some

The Home Depot data breaches exposed volumes of credit/debit card data causing consumer heartbreak and costly retailer ramifications. Reports identify that The Home Depot breach began at the end of April and continued for four months before being discovered. During those four months cardholder data moved inside The Home Depot IT infrastructure and was transferred outside the company without anyone noticing. If simple change and configuration auditing software had been in place, these malicious activities and security violations could have been detected very early on, which would have saved Home Depot millions. Former employees claim that they had warned the company about the risk of a cyber attack dating back to 2008, and the company was slow

eBay needs to focus on several issues to become more competitive. One issue is the fact that their competitors, like Amazon, make website purchases less difficult. On Amazon a customer can make a quick buy instead of having to bid on an item, wait for the auction to end, and then see if they won the auction. Another issue for eBay is the customer’s perception that scams are more likely on their site since purchases involve individuals and not companies. Even though eBay has the buyer protection plan to counter this idea, some customers might still shy away because they do not want to take a chance of having to go through the dispute resolution process in case it is a scam. When looking at Amazon’s return policy, they back their buyers 100%. If the buyer is not satisfied with the product or it doesn’t match the description that was on the website, Amazon will give the buyer a full refund. Looking at this from a buyer’s perspective, it makes purchasing more convenient to return a product as opposed to having to track down the buyer and trying to work out a resolution. I think that if eBay changes the protection policy and would

eBay was founded in 1995 and gained the first mover advantage establishing itself as the first major online auction site. The firm started out offering its' services as an intermediary, facilitating the auction of goods by providing a common platform to be used by buyers and sellers. Today the firm has evolved significantly, operating across the globe with more than 97 million different active users registered (eBay, 2012). In total, the organization facilitates the sale of more than US $2,000 every second of every day (eBay, 2012). The growth of the auction service has died classified the development as well as acquisition strategies to provide services and products that complement the core operations. For example, the acquisition of PayPal, the online payment provider has complimented the ability for consumers to pay for goods

eBay does not hold any key patented technology. A new entrant could easily emulate eBay’s interface.

A steady increase in the popularity of online sales has caused a major push towards e-commerce in the retail industry.

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.

More and more users with minimal technical expertise are getting online, and they are demanding simple, fast, easy-to-use e-commerce sites. The Web makes switching (to a competitor) fast, cheap, and as easy as typing in a new URL.