Punyashlok Ahilyadavi Holkar, Solapur University
Punyashlok Ahilyadavi Holkar, Solapur University
SOLAPUR UNIVERSITY
GROUP NO :
E-commerce Security helps to buy and sell goods over the Internet with
full protection and security.
Tax Evasion:
Organizations show the legal paper records of revenue to the IRS.
But in the case of E-commerce shopping, online transactions take place due to
which funds get transferred electronically due to which IRS is not able to count the
transactions properly and there are high chances of tax evasions by these
organizations.
Payment conflict:
arise between users and the E-commerce platforms. These
electronic funds transferring systems might process extra transactions from the
users which will lead to a payment conflict by the users due to some glitches or
errors.
where the attackers send emails and messages to a large number of users
which contain a special link in it. When the users open that link in their
browser, the malware starts downloading in the background and the
attacker gets full control over the financial information about the users. They
make fake websites to make the users believe their website and fill out their
financial credentials.
SQL injections:
Brute force attacks: Hackers draw patterns and use random methods to
crack into someone else’s account as an unauthorized user. It requires the use
of multiple algorithms and permutations and combinations to crack the
password of an account by the attacker.
DDoS attacks (Distributed Denial of Service (DDoS) attack ):
Skimming:
Middlemen attack:
In this type of attack, the attacker can clearly get all the information in the
conversation taking place between the consumer and the E-commerce
platform itself. The attacker sees the conversation between both of them and
uses this as an opportunity to make the user face some vulnerability.
Bots:
hackers to track the competitor in the E-commerce industry rankings
and his user’s buying policies in order to scrap the sales and revenue
of the competitor.
E-wallets:
Attack on E-wallets can lead to the leak of the sensitive banking
credentials of the users which can be used by the attackers for their
own profit. Regulators tend to monitor all the activities related to the
financial security of the money of the users.
Prevent threats:
Anti-malware
HTTPS
Payment Getway
Cyber Security Tools
Cybersecurity tools for e-commerce include:
especially e-commerce
the internet
public-key encryption
Antivirus Software