Report on E-Commerce Security

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TABLE OF CONTENT

ABSTRACT 2
1. INTRODUCTION 3
2. Features of E-commerce: 4
2.1. Security role in present E-commerce: 4
2.2. Security Factors in E-commerce: 5
3. Security Technologies: 7
3.1. Secure Electronic Transaction (SET): 7
3.2. Secure Socket Layer (SSL): 8
3.3. Firewall: 8
4. Conclusion: 9
5. References: 11

ABSTRACT

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. This day security has been implemented in a different way like Secure Sockets Layer, Integrity, Authentication, Encryption and Secure Payment. Integrity ensures of the remainders of data as is of the seller to the customer. Encryption deals with hide the information cannot spy on the others information.

This report describes the security technologies in the E-commerce system and issues involving the E-commerce security technologies.

1. INTRODUCTION

E- Commerce is also known as online commerce. E-commerce refers to exchange the goods and services over the internet. It includes retail shopping, banking, stocks and bonds trading, auctions, real estate transactions, air line booking, movie rentals nearly anything you can imagine in the real world. Even personal services such as hair and nail salons can benefit from e-commerce by providing a website for the sale of related health and beauty products, normally available to local customers exclusively. The main aim of this report conveying the security technologies of E-commerce website Security is the authorized conception in E-commerce website the main notion of security is protecting the customer personal details and banking information. Its mostly involve with four basic principles such as Privacy, Integrity, Authentication, Non-repudiation. The E-commerce website should be built on the security technology and it should be very secure. Secure Sockets layer provides support for protect pages and encrypts the whole thing a user sends-nobody else can read the data .Strong encryption and authentication certificate makes web site more secure and invites more customers.( Lee, 2001)

2. Features of E-commerce:

            Ubiquity: Is the ability to be present in every place at any time, unbounded or universal presence. With help of internet it makes easier and possible for consumer and companies to be in contact with each another. The wish of customers to buy goods and services online can make so much constantly and practically any place. It reduces the cost of transaction, the cost to take part in the market and lower the mental effort required to achieve a transaction.

            Richness: 
Website richness mainly depends upon the interactivity and interaction it give the useful information on the website about each product and services for searching. It also gives more details about services what they are offering. It will make a contact between the seller and customer. Condition notices are strongly advised by the seller to understand before buying a product. Maintain vast information about products and services makes more sales and creating money making environment. (David, 2000)

            Global Reach:
            The main concept of the global reach is grabbing the attention of user’s through out the world by providing the different language in the website so that the site can be used in worldwide and it access by every one. Provide online customer services, secure the transaction processing. Site should be very interactive to the customers and giving a good quality information about products and information is understandable.   Provide fast and efficient services lead to competitive global advantage. 2.1. Security...
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