Lecture 10: E-Business

E-Commerce

Using IT to buy and sell goods and services electronically

E-business

A broader term, covering not just goods and services exchanges, but also all forms of business conducted using electronic transmission of data and information

Collaborative Commerce

Any two or more entities with shared interest may partner to accomplish a specific goal

This partnering is likely to entail sharing information, which creates additional risk

E-Business Risks

Privacy and confidentiality

Security of information

Systems availability

Transaction integrity

Business policies

Privacy and Confidentiality

Privacy

Policies ensuring that users who access information do not use it for any purpose other than what is allowed by the information provider

Confidentiality

similar to privacy, except that it focuses on information that is specifically designated to be confidential or secret

Securing with Encryption

Secure Sockets Layer (SSL)

Secure Socket Shell (SSH)

Secure Electronic Transmission (SET)

Non-Repudiation

The ability of a party engaged in a transaction to deny either their participation or certain characteristics of the transaction itself

Origin non-repudiation - that the sender did transmit a message or asset

Reception non-repudiation - that the receiver got the message or asset