E-Commerce Industry

Now days it has become easy to change, create and convey information. The quick progress of internet connectivity, if it provides advantage, it also causes potential damage to individuals and business. Businesses who are looking forward for grabbing the customer market share can go ahead and get their presence online with their online business. However, with the rising trend of e-commerce business, it has become a challenging task to secure the critical business information.

Business challenges

There are some of the prevailing security issues of doing business online and it includes:

Lack of security while communicating or doing transaction online is perceived as one of the major obstacles for e-business. Authenticating the identity of those people or party to whom your business is dealing with. Needs to confirm that the received messages or messages you are sending have not been altered. Make certain that only the authorized body can have access to crucial business information. It needs to make sure that the essential e-business security infrastructure is always working to secure the business transactions.

According to a survey, the 3/4th of global information security professionals put security on the top priority. E-commerce businesses from Banking, Finance, Telecommunications and Health Care sector rate the highest business priority to information security. As far as e-commerce is concerned, information security is regarded as the crucial business driver. Due to the rapid growth of e-commerce businesses globally, the security of these businesses has become paramount. The effective regulatory mechanisms have been laid down in different parts of the world with an aim to build-up the legal infrastructure to ensure the success of e-commerce business. There are numerous governmental, industry and organizational initiatives that have been put into effect to provide businesses and customers with proper guidance to deal or make transactions online in the secure manner. India has enacted the IT Act, 2000 and shown that the legal system is tuned up give the required shield to e-commerce businesses. As the internet is going through the age of revolution, several legal issues start sprouting such as intellectual Property rights, privacy, electronic contracts, online banking, electronic commerce, domain name registration and cybercrime to name a few. The e-commerce businesses always looking ahead to sort out these legal issues and it requires to approach a professional agency that can assist in handling the information security aspects.