Click here to continue to Loss Prevention Magazine. The advantages or benefits of using open environment (meaning site that uses minimal or no security measures) are; the site is easier to use, anyone can browse the site, and it cost less to operate. Two particularly notable initiatives in that direction are, the WebTrust E-Commerce seal of assurance from the public accounting profession and the TRUSTe "trustmark" program that takes users directly to the privacy statement of a company that has joined a program.. In May 2007 the internet infrastructure in Estonia was crippled by multiple sustained brute force attacks against government and commercial institutions in the country. Social engineering is the art of manipulating people into performing actions or divulging confidential information. Many users seem to be comfortable with providing demographic information if its intent and application was made clear to them. For example, Article 8 of Human Rights Acts (1998) states that “Everyone has the right to respect for his private and family life, his home and his correspondence”. Proof of data integrity is typically the easiest way to eliminate these problems. Fraud and morality issues still dominate most people’s fears about the Internet and ecommerce. Contract Law • Further, if an identity provider makes an incorrect online statement to a relying party about the identity of a subject, applicable law might treat issuing that incorrect identity Get critical infromation for loss prevention professionals, security and retail management delivered right to your inbox. This part of the report doesn’t compare the two business systems. A study by researchers Lauer and Deng looked at a model linking privacy policy, through trustworthiness, to online trust and then to consumer’s loyalty and their willingness to provide truthful information. Anyone can do business worldwide without having much physical infrastructure. One of the key developments in e-commerce security and one which has led to the widespread growth of e-commerce is the introduction of digital signatures as a means of verification of data integrity and authentication. We believe this concern stems from a new technical environment for consumers and businesses, the resulting data flow with substantial benefits to businesses and consumers, consumer concerns in this new environment, and regulatory attempts to govern this environment. The logs themselves can be encrypted for permanent archival. It’s a huge convenience for consumers and becoming their preferred way to shop. This may be used, for instance, in analyzing the competitive level of your site by a site that provides the same services or products. Defending against DoS attacks is one of the most challenging security problems on the Internet today. This therefore makes privacy a serious issue in E-commerce. Its goal is to provide: Online consumers with control over their personal information. But LP professionals should be aware of the risks and concerns that come with the growth of e-commerce and keep up to date with new issues and mitigation solutions. to business conducted via the Internet. In the past decade, the US Attorney General’s office has issued hundreds of indictments surrounding e-commerce criminal activity. integrity – the exchanged information must not be altered or tampered with. E-commerce businesses should consider obtaining insurance coverage in order to limit their financial exposure for information security breaches, online tort and intellectual property right infringement claims, and certain website-specific practices such as hyperlinking, framing, using … Notable data breaches to retailers include Marriot, eBay, Target, Home Depot, Kmart, Staples, Sony and Michaels. 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