Ecommerce Business Risk
Perception System Pvt Ltd.
ECOMMERCE
BUSINESS
RISKS
Unavoidable E-commerce Risk Factors Should be Aware About
In an E-commerce industry,
business owners face risks, which
are absolutely unavoidable.
Businesses are leaping into e-
commerce and many of them are ill
prepared to handle the downside.
Some have barely considered the
dangers and look only for the
crock of gold under the e-rainbow.
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300
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100
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Information Risk
Content on web
page exposing web
publisher to
libel, defamation
of character,
slander
Copyright, patent,
or trade secret
infringement
violating by
material used by
web site
developers
After
unauthorized
access to a web
site, online
information about
employee or
customer is
stolen, damaged
Flight of
intellectual
property due to
employees moving
to competitors
Information that
has been changed or
inserted in
transmission is
processed leading
to erroneous
results
Credit card
information
intercepted in
transit is disclosed
or used for
fraudulent purposes
Worldwide legal
exposure resulting
from use of creative
material (e.g. names)
that violate law. of
countries outside of
the home country
Electronic bulletin boards
containing defamatory statements
resulting in liability or embarrassment
Transaction Risk
All the business transactions and deals
going on through online methods, you being a
businessman can also face the problem of
attacks. There are different malicious attacks
like ハラヤ virus, worms and Trojan
horse, that your system can be a prey to.
You should always have a good anti-virus and
keep it updated to impede any such kinds of
attacks.
Operational Risks
SEO
Google changes ts
search engine
algorithms and your
website traffic drops by
50 percent overnight
Price Competition
Your largest competitor
drops prices by 30
percent and your sales
suffer.
Shipping
A container load of
products horn an
overseas supplier Is
stuck in customs
because of a change in
policy or an error in the
shipping manifest
Hosting
Your website hosting
company suffers a
series of failures and
your stores are offline
for hours.
Supplier
Your top.selling product
line is suddenly pulled
from the market and you
are faced with a huge
loss of revenue.
Marketplace
You sell products on
Amazon that it does not
carry but it suddenly
sources the products
itself, at a much lower
price.
Unauthorized access
While you may not be aware of and trust your
employees the best, you might never know who
accesses your data and account illegally.
Unauthorized access to your data can also be
done by outsiders. Poor configuration of
systems and poor encrypted transmission are
few factors that can let others access your
confidential business data illegally. You
must also be careful to choose strong
passwords.
Technology Risk
Negligent errore
or omissions in
software design
Internet service
provider (ISP)
server crashes
Software content
risk that violates
a copyright or is
libelous.
Third party
intercepts
credit card
information in
transit causing
breeches in
security for
online payments.
Intercepting and
copying or
changing nonハラヤ
credit card
information
during
transmission
Risk due to
excessive ISP
outages or poor
performance
Risk of
improperly
integrating e-
commerce system
with internal
databases
Inability of
customer or
supplier
computers to
handle graphical
downloads
Security Risk ___________________
Security is perhaps the broadest topic when
it comes to an E-commerce site, but the risks
of security could have devastating effects to
an organization if an incident were to
occurハラヤespecially if the site transmits or
stores cardholder data. A single incident
which involves the breach of sensitive
cardholder data could involve large fines.
Business Risk
Web page content exposes web
publisher to libel, defamation
of character, slander
Worldwide legal exposure
resulting from use of information
in violation of homeハラヤcountry laws
Risks related to payment to web
site developers and disputes
between developers and clients
Electronic bulletin boards
containing defamatory statements
resulting in liability
Using web sites to conduct
illegal promotional games, such
as a sweepstakes or contests
Impact on business due to
intellectual property lost due to
employees moving to competitors
Changes in supplier relationships
re: data access, data ownership,
distribution strategy, and
marketing tactics
Inconvenient return policies ハラヤ
lack of coordination with
physical system
Risk due to unprotected domain
names which are usurped by
other organizations
Improperly integrating e-
commerce systems with internal
operational processes
PERCEPTION SYSTEM PVT LTD
Url: http://www perceptionsystem .com
ID: [email protected]
Address: 2nd Floor, Samudra Annexe,
Off C.G.Road Navrangpura,
Ahmedabad-380009 Gujarat, INDIA
Perception System Pvt Ltd
Ecommerce Business Risk
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