2. (a) Explain security problems related to e-business.
Mention the steps to deal with security problems.
Answers
Answer:
Credit card fraud is the most common security threat that online retailers face. It occurs when a hacker gains unauthorized access to customers' personal and payment information. To access this data, the hacker may penetrate the database of an e-commerce site using malicious software programs.
∆ Keeping systems up to date by applying the latest patches to computers, servers, and hardware. These patches often contain essential security updates that plug known vulnerabilities.
∆ Establishing a process for the backup and recovery of essential data. With this in place, a business can recover from ransomware threats and destruction caused by insider threats without expensive cleanup costs.
∆ Identity and access management solutions that restrict users from accessing data that they do not need to see. Working off the principle of least privilege, the right IAM solution will help contain data breaches and insider threats.
∆ Properly configured security controls that alert you to possible attacks and help thwart them. These include firewalls, anti-malware applications, intrusion detection and prevention solutions, and email security solutions.
∆ Relying on multiple vendors to support your security efforts. By not relying on a single vendor, you are able to work with products and solutions that focus on specific needs from experts rather than a vendor that is a jack of all trades but master of none.