The Blog Where We Keep You Posted
a person's attempt to make sense of his surroundings

COM125 Blog Post #4: Issues about security, privacy and legal issues for e-businesses

This week, I’ll be touching on various online security, privacy and legal issues for businesses.

The basic definition of e-business is the process of buying, transferring, or exchanging products, services, and/or information via computer networks, including the internet.

The internet has grown from its original roots as a means of transferring information to a fully fledged communication channel, like its predecessors radio and television. Some would even argue that the internet is capable of communication much more efficiently that its predecessors.

Thus, it is only natural that businesses have utilized the internet’s potential to further augment growth and business reach. In fact, e-commerce sales in the U.S. alone will reach US$197.3 billion this year.

Unfortunately, with the internet being only a few decades old, the security, privacy and legal measures to protect business interests online remain very convoluted.

Security

There are two key security issues for businesses online. Data integrity is a foremost concern. As such, to prevent their data from being tampered with, businesses should have anti-virus software and firewalls in place. While these may be adequate, hacking incidents have been known to break into business networks for malicious intent. The recent hacking spree of the group Anonymous, which has launched attacks including crippling the Sony Playstation Network which cost Sony 14 billion yen or US$171 million, illustrate e-businesses’ need to remain vigilant from attacks.

There can only be ONES AND ZEROES. Well, that's because everything's in binary.

The second concern is with the encryption of data, which is the transformation of texts or numbers into an unreadable code. This is to ensure that even if data has gotten into the hands of people with malicious intent, the encoded data would still be unable to be read by them.

Privacy Issues

What do you do when your personal information has been given out without your consent due to the malicious intent of other groups? That is what happened when the hacker group Anonymous released half a gigabyte of AT&T internal data, and the usernames and passwords to more than half a million players of the online Battlefield Heroes, and other sensitive data in June 2011.

The privacy issues of e-businesses is therefore a primary concern, as breaches in privacy such as these can result in lowering stockholders’ and customers’ trust.

Legal Issues

As such, since it is very difficult to identify the true identities of the members of hackers such as Anonymous, it is consequently harder to press legal charges against them.

Thus, it is in the best interests of the business to keep up-to-date anti-virus and firewall programs, and ensure that privacy and encryption of data is handled appropriately.

Advertisements

No Responses to “COM125 Blog Post #4: Issues about security, privacy and legal issues for e-businesses”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: