Theft of Valuable Confidential Information
From a business point of view, the system abuse that occurs, consists of:
Direct financial loss due to fraud
A person or fraudster who comes from inside or outside transfers a sum of money from one account to another or he has destroyed / replaced all existing financial data.
Theft of valuable confidential information
In general, many organizations and institutions that store confidential data that is very important for their survival. For example, ownership of technology or marketing information and information related to the interests of their consumers / clients. Disturbances can reveal all confidential information to unauthorized parties and can result in great harm to the victim.
Lost business opportunity due to service disruption
Relying on electronic services can cause interruptions during certain periods that cannot be predicted. This error is a non-technical error, such as a sudden power outage, or other types of unexpected disturbances.
Unauthorized use of access to resources
An outsider obtains access that is not his right and he uses it for personal gain. For example, a hacker who managed to break into a banking system. After that, he arbitrarily moved a number of other people's accounts into his own account.
E-Commerce Risks
Although eCommerce is a profitable system because it can reduce business transaction costs and can improve the quality of service to customers, this eCommerce system and all supporting infrastructure is easily misused by irresponsible parties, and can also be exposed to errors that arise through various ways.
Loss of trust from consumers
Consumer confidence towards a
certain companies / institutions / institutions can be lost due to various factors, such as efforts made deliberately by other parties who try to bring down the reputation of the company, and can also be fatal mistakes made by these companies which increase consumer confidence.
Unforeseen losses
Interference with business transactions, caused by intentional outside interference, dishonesty, improper business practices, human error, or electronic system errors, results in unavoidable loss of business transactions. Especially in financial terms. For example, confirmation of a transaction is not received as well as it should. Loss of business opportunities, loss of credibility and reputation, and loss of costs that are risks that can occur at any time, but we must be prepared to anticipate or prevent it.
Scope and Factors of E-business
E-business scope
To be able to capture the dimensions of the scope of the notion of e-business the way often used is to use the 4W principle (What, Who, Where, Why)
What dimension
Many people exchange the term e-business for e-commerce. In principle, the understanding of e-business is much broader compared to e-commerce even philosophically, e-commerce is part of e-business. If e-commerce only focuses on activities or transaction mechanisms that are carried out electronically, or digitally, e-business has a much broader area. This includes the activities of relations between two corporate entities. Interaction between the company and its customers, collaboration between the company and its business partners. Exchange information between companies and with business competitors. And so forth. The existence of the internet has enabled companies to establish direct and indirect communication with millions and even billions of entities (customers, partners, competitors, government, etc.) that exist in cyberspace because the nature of such communication is part of a business system, so it is widely understood understanding of e-business.