E-Commerce Case Study

The business problem to be solved is how can an entrepreneur start and maintain a successful E commerce business online?

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

new advances in the electronic technologies during the past decades have administered a new wealth of criminal activity. Software like Computer viruses, malware, software privacy, spam and etc. Technologically savvy artist replicate websites, so when a person's online activities occurs in a virtual world it can be compromised.Many times Cyber intrusions rely on human interaction and it often involves tricking people into breaking security procedures.

Here in the United States the Federal Bureau of Investigation (FBI) and the Federal White Collar Crime Center (NW3C) partnered and established the IC3, which is the Internet Crime Complaint Center. This is a central place where Internet crimes can be reported and then those crimes will be investigated and transferred to the appropriate law enforcement agencies as well as appropriate regulatory agencies.

Write clearly and concisely about topics related to cybercrime techniques and response using proper writing mechanics and technical style conventions.

Internet: Lack of Credibility, bad news, has become a big problem for privacy and often used for criminal acts.

If there is nothing done about cyber hacking, money, and important resources will be stolen from innocent people trying to live a successful life. “Cyber-crime units exist within local, state, federal, and international law enforcement agencies. The Federal Bureau of Investigation (FBI) plays a critical role investigating crimes committed through the Internet” (Dingwell).

Electronic business, or e-business or "electronic commerce"(55) has increased exponentially because so many businesses are on digital networks. Major business transactions are completed on the enterprise. Digital networking is transforming businesses relationships with the companies customer, their employees and relationships with suppliers and partners in business. E business technology is also improving the way business is done in the government. The government uses the Internet to enable and increase business

Over the past twenty years, the Internet’s role in our lives has grown to an everyday necessity. We rely on the Internet to communicate within the scope of our employment and social lives, to conduct our banking and bill paying, we even use it to track our personal property. There is hardly one area of our lives that we can not conduct over the Internet. While the Internet is a convenience that has made our lives easier, it has also opened the door in our lives to a vulnerability that is rapidly being exploited by cyber criminals. Cyber crimes are growing at an exponential rate in the United States and we, the consumers/end users are unaware of the liabilities a simple click on the wrong button can cause. This paper will

According to the Assistant Deputy Director of the Federal Bureau of Investigation, Thomas T. Kubic addressed members of the Commerce, Trade and Consumer Protection in 2001 on behalf of the entire Bureau and stated the effort to reduce crime has been a high priority (Federal Bureau of Investigation, 2001). In Kubic’s testimony, he mentioned many valid points such as: cyber-crimes are virtual crimes which made them hard to prosecute and they also cause a great amount of damage. Research shows that internet users in the U.S. reached approximately 65 million in 1998 and over 100 million in 1999 and it is expected to exceed 200 million this year (Federal Bureau of Investigation, 2001). Cyber-crime is known to be nebulous therefore it if difficult to address if there has been a crime committed and what

1. What are some of the emerging IT security technologies that should be considered in solving the Problem related to the case?

The agencies employed by governments to police the web in order to protect the vulnerable have seen an increase in child pornography and online fraud. The speed at which information can be distributed and the number of people that can be reached attracts those that are intent on causing harm. The term “cybercrime” is becoming more widely used. The financial gains that can be made and the anonymity the internet can provide, make the virtual world of cyberspace a haven for criminals. Although the internet has huge benefits for information gathering and social networking, in the wrong hands it can cause harm to the vulnerable and criminals are able to vanish into the underground with the use of false identities that are hard to track online.

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

In today’s world, we are all in some way connected to or involved with the internet. We all use different services that we feel either enrich our lives or make them more enjoyable every day, from email to FaceBook, MySpace, and e-commerce. We all take a sort of false comfort in the basic anonymity of the internet; however, when we think about it, that could end up being the single biggest risk to our own safety today. When we typically think of crimes committed against us, we could probably name several: mugging, theft, scams, murder, and rape. For these, things we all take as many necessary steps as we can to help lower the chances of them happening to us because they are on the forefront of our minds. However, most of us don’t take the

Every cybercrime is created by finding a new loophole, this makes the people who work on the defensive systems to improve and evolve their systems constantly.