Monday, December 14, 2009

Cyber Crimes Poses Threat to E-Commerce

Technology critics have evaluated this past year, in relationship to internet trafficking. These critics assert that this year posed a major threat to the future of e-commerce, based on their findings of the detrimental effects cyber crime has committed against our economy. Statistics place spam mail at all-time high of 87% of email traffic. This ultimately means that almost 9 out of every 10 emails that you receive will be spam mail. This poses a threat because more people are choosing antivirus software to ward off the viruses from their computers. However, malicious software, like malware and scareware, are harboring these viruses and waiting for the right time to attack these computer systems. Critics fear that people will ultimately lose faith in their computers, which poses an ever larger danger, since a large portion of business transactions are conducted over the internet.

Although confidentiality seems merely impossible on the internet, there are ways to ward off viruses. For example, although you cannot stop spam mail from being sent to your email account, you do not have to open the mail. As annoying as it may be, simply deleting the mail, rather than opening it and following links, would ward off a lot more viruses. Another tactic would be through purchasing antivirus software. Most laptops or computer systems run around several hundreds of dollars. As with any valuable asset, you would like insurance to keep viruses away and your product safe from danger.

However, as with any attacker, they learn how to get around the loopholes and get into your devices anyway. These critics fear hackers invading business transactions and finding out financial information and sensitive data. All they would have to do is get you to open the spammed email and click on a link. This would offer them disclosure of personal information, which would ultimately alter the integrity of bank statements, financial information, and other personal data.

One of the most striking concepts of the internet is that you are facing a computer screen. No one can see you and identify your actual identity. As long as you possess the correct information to forge the data and receive other information, then no questions will be asked. This poses a large threat to the future of e-commerce because no matter how much you restrict data and pose walls, some black hat hacker will come in and easily walk through them.

The only recommendation that I could make would be to keep people abreast of the newest advancements of security and ways in which they can protect themselves and their devices.

http://www.cnn.com/2009/TECH/12/13/cybercrime.2009.review/index.html

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