E-business
can be seen as one of the most important fundamentals to running a business. For
many entrepreneurs, the Internet can seem like an ideal location to set up shop
with the removal of location limitations, little to no running costs and an
endless supply of ‘ready to buy’ customers. But along with all the benefits of
e-business comes some definite risks to watch out for such as security risks.
In order
for business to run smoothly across the web, e-businesses rely on their service
providers and the corresponding computers to stay clear from downloading any
malicious software such as viruses or worms which might cause internet services
to stop working properly and result in a lose of trade.
Other
active threats to online businesses include hackers.
Most e-businesses allow users to
interact with the website in order to create relationships with potential
customers/clients. But this open interaction will sometimes attract experienced
web users to gain access to forbidden parts of the website. Once exposed, the
hackers will have access to private information such as customer’s names,
credit card details and passwords. This in turn can lose the customer’s trust
towards online trading and lose existing customers business.
In order
to build the foundation of a customers trust, ‘the e-business must guarantee
the users that all their private information will be kept safe, well maintained
and up to date’. Having a well-constructed defense against any unwanted hackers
will prove to be valuable so the website can perform well and at full speed and
therefore maintaining trade.
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