Impact of Security Risks on Ecommerce Information Technology Essay
This study confirmed the key role of the moderating effect of e-commerce experiences in the online shopping context of the emerging African market, supporting the e-commerce literature of Menidjel et al. Prashar et al. That confirms the importance of research studies that examine the Internet usage experience to measure. By comparing the management of electronic commerce, e-commerce, and security risks with that of traditional financial risks, this chapter suggests accurate measurement of security risks using quantitative methods. Electronic commerce plays a vital role in the advancement of both information technology and communications. This is especially true in the field of economics. In the era of the globalizing economy. And consumers via the internet. Online transactions for e-commerce are. is increasing at a rapid pace and various types of attacks on the security of the e-commerce system have also increased. The growing importance of e-commerce security. The growing importance of e-commerce security cannot be overstated in today's digital age. As more and more companies move their operations online, the risk of cyber attacks and data breaches also increases. It is critical for businesses to implement robust security measures for protection. Another advantage from a business point of view is that there is a greater reach for customers. There are theoretically no geographical restrictions. There are also lower operating costs and better quality of service. There is no need for physical business setups, and it is easy to start and manage a business. Information sensitivity varies from person to person and situation to situation, Lwin et al. 2016 Sheehan and Hoy, 2000, and users' individual characteristics and situational characteristics of online services can influence users' assessment of information sensitivity. Based on this point of view, we have suggested two: data security, website uptime, intellectual property infringement, fraudulent transactions, and many more. So read on to discover which important business risks you face and how you can solve them. 1. Security Breaches. Online security breaches and cyber attacks are very common in the world of e-commerce. The associated risk, in terms of trust 12, security 13, 5 and privacy 14, in the e-commerce markets of developing countries is very significant and negatively impacts purchase intention 15. , It. By managing information technology risks, e-commerce will enable insurers to classify, underwrite and price risks more accurately and efficiently, and settle claims more accurately and efficiently. The risk associated with the widespread application of information technologies in business grows along with the increase in the relationship between companies and its customers,