Building an E-Commerce Trust Infrastructure

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Implications

To take advantage of the opportunities of e-commerce, while minimizing the risks of communicating and transacting business online, every business must address practical problems and questions involving privacy and security, ever striving to increase the overall confidence in the underlying features of the system. Establishing an e-commerce trust infrastructure encompasses:

Authentication: Customers must believe and be assured that they are doing business with and sending private information to a real entity - not a 'spoof' site masquerading as a legitimate bank or e-store.

Confidentiality: Sensitive Internet communications and transactions, such as the transmission of credit card information, must be kept private.

Data integrity: Communications must be protected from undetectable alteration by third parties during transmission on the Internet.

Non-repudiation: It should not be possible for a sender to reasonably claim that he or she did not send a secured communication or did not make an online purchase.

The solution for meeting these goals includes two essential components: (1) digital certificates for Web servers-to provide authentication, privacy and data integrity through encryption-and (2) a secure online payment management system- to allow e-commerce Web sites to securely and automatically accept, process and manage payments online. Together, these technologies form the essential trust infrastructure for any business that wants to take full advantage of the Internet.



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E-Commerce Security. Advice from Experts
E-Commerce Security: Advice from Experts (IT Solutions series)
ISBN: 1591402417
EAN: 2147483647
Year: 2003
Pages: 106

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