This report analyses the major safety issues and factors concerned with the ever-growing industry, ‘Digital Business’ (formally known as electronic commerce). It also attempts to answer the question: “How Safe is Digital Business?”. A review of literature published over the past 5 years, provides sufficient and up-to-date information to discuss the safety issues relating to Digital Business; these issues are:
Although this report concludes that Digital Business is an industry which lacks appropriate security measures; it must be stressed that these conclusions only reflect the personal views of the author.
The scope of this report is bounded to a general research of the vulnerability and invulnerability of Digital Business worldwide, and how it relates to many safety issues (as earlier identified in the executive summary). It presents a well-argued case, supported by relevant literature and also provides a suggested recommendation/solution. Since ‘Information Technology’ is an ever-expanding advancement, this report does not examine the security of Digital Business prior to the past 5 years.
Safe security involves the many methods that are used for protecting Digital Business eg. Encryption of data, good security. Among these methods is ‘Secure Sockets Layer (SSL)’ which is the standard for secure data transmission over the Internet. It was created by Netscape and is popularly used in most Digital Businesses, when dealing with online transactions and purchases over the Internet (Stampman.com [1999]).
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