Electronic Commerce

Electronic commerce includes almost any exchange of electronic data related to a business operation. In this discussion, I will be focusing on the use of the Internet for business transactions. Companies that use the Internet as their major source of income have a big concern about electronic commerce security to keep them successful in their online business. Although the technology exists to prevent almost all types of aggression, the nature of the Internet makes accomplishment …

…firms, technology vendors, research laboratories, and government agencies (DEBORAH AND G.T. 117). The FSCT is working on converting the Electron Funds Transfer (EFT) protocol from a private to a public network, in order to create a common environment for secure electron commerce transactions. As a general rule, the risk of criminal attack on electronic commerce will be greatest in terms of large-scale attacks (DEBORAH and G.T. 80) as daily transaction become more and more secure.