Electronic Commerce Security

Paper Summary:

This paper explains that on-line business transactions would have developed faster if security, for both consumers and businesses was better. The author relates that e-commerce security includes fraud, theft, the compromising of credit card numbers, protection against cyber-terrorism, requirement of encryption of confidential and sensitive information, user authentication and access control to ensure data confidentiality, and the building of firewalls. The paper states that the essential requirements for carrying out secure online commerce involve the need for the following: Server security, message privacy, message integrity, authentication, authorization, audit mechanisms and payment and settlements.

Table of Contents
Background
What is E-Commerce Security?
Requirements for E-Commerce Security
Server Security
Message Privacy
Message Integrity
Authentication
Authorization
Audit Mechanisms
Payment and Settlements
The Security of B2B Partners

From the Paper:

"The areas in which e-commerce has the potential to grow most in future include the small businesses. According to an October 2002 report from the Small Business Administration, seventy percent of America's small businesses (defined as those with less than 250 employees) do not have a Web presence. It is obvious that the use of the Internet promotes the growth of e-commerce. In the past, the U.S. led the way in Internet adoption. Present trends indicate that Internet use is now expanding internationally. Countries in Latin America and Asia are angling to compete for business internationally. Hence, future growth in e-commerce would not be confined to the US. American companies can increase the integration of their supply chains to benefit from the international increase of Internet use."

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