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Questions and Answers
What should be included on a Cart Page?
What is the primary goal of identifying threats in e-commerce?
What type of threat involves tricking people into revealing sensitive information by pretending to be a trustworthy source?
What is an example of a Security Threat in e-commerce?
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What is the term for a weakness or flaw in system design or implementation?
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What is the term for the potential for loss, damage, or harm in e-commerce?
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What should be included on a Checkout page?
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What type of activity involves making fake purchases or stealing credit card details?
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What type of fraudulent activity involves stealing personal information to pretend to be someone else?
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What is an example of a privacy concern in the context of online activities?
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What is the business model where a company sells products or services to another business?
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What is an example of a technology threat in the context of e-commerce?
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What is the term for overly monitoring and creating detailed profiles of users without their knowledge?
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What is an example of fraudulent activity in the context of online accounts?
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Study Notes
Cart Page Features
- Product details with clear amount breakdown must be displayed on the cart page.
- Checkout process should include billing address, shipping address, order review, and payment method.
Order Page
- The order page should provide detailed order information for customers.
Important E-Commerce Terms
- Risk: Potential for loss or damage, impacting finances and reputation; example includes data breach exposing credit card information.
- Threat: Circumstances that could cause harm, such as malicious software and hacking attempts; example includes phishing targeting e-commerce websites.
- Vulnerability: Weakness in system design that can be exploited; example includes unpatched software leading to security issues.
Threats in E-Commerce
- Threats pose potential risks to online business operations, such as cyber-attacks and scams.
- Awareness and protective measures are necessary to safeguard customer information and ensure smooth operations.
- Preventing unauthorized access and securing online transactions are critical steps.
Types of Security Threats
- Data Breaches: Unauthorized access resulting in customer information theft; example includes cyber-attacks on retail websites.
- Payment Fraud: Unauthorized purchases using stolen credit card information.
- Phishing Attacks: Fraudulent efforts to obtain sensitive information by masquerading as trustworthy sources; example includes fake emails from banks.
Privacy Concerns
- Data Misuse: Companies may mishandle or exploit customer data without consent; example includes data selling by social media platforms.
- Tracking and Profiling: Excessive monitoring of users without disclosure; example includes websites collecting detailed online activity data.
Fraudulent Activities
- Identity Theft: Stealing personal information to impersonate someone; example includes opening bank accounts under false identities.
- Account Takeovers: Unauthorized access to online accounts for malicious purposes; example includes hackers compromising social media profiles.
Technology Risks
- System Downtime: Technical failures causing e-commerce site unavailability; example includes website crashes during high-traffic events.
E-Commerce Project Exercise
- Form a group of three students and select a topic for an e-commerce website.
- Complete the provided e-commerce website plan, specifying product/service and business model (B2B, B2C, C2C, C2B, G2C).
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Description
This quiz covers essential terms and concepts in e-commerce security, including risks, threats, and potential losses. Review the key terms and concepts to ensure a secure online shopping experience.
