E-Commerce Guidelines – Security

1 - Introduction

1.1 - Background

E-commerce (electronic commerce) is becoming more of a business imperative than ever before as consumer awareness and expectations evolve. The proliferation of high-speed broadband and the availability of a sophisticated Internet infrastructure and Web-enabled mobile devices present increased economic opportunities for government, businesses, and individuals that could have profound impact on how future business-to-business (B2B) and business-to-consumer (B2C) commerce is conducted.

For the owner of an e-Commerce store, nothing is more important than e-Commerce security. Cyber attackers often specifically target and exploit weaknesses in e-Commerce websites. Such a breach of security quickly erodes the trust that customers place in business. The businesses that have fallen victim to hacking and data breaches due to insufficient security measures, have undergone irreparable damage to reputation, and financial consequences. Alternatively, a secure online shopping experience promotes sales, as consumers naturally choose to make purchases from a website that is secure. By learning more about the importance of e-Commerce security as well as how to improve it, ensures the financial security and business growth.

1.2 - E-Commerce