Topic > Website Security for Ecommerce Businesses - 1656

1. Before starting any e-commerce business, the owner must make sure that his website has all kinds of security systems that provide absolute safety to the customers and the owner himself. Nowadays, online robberies have become the most common. Every day hackers attack thousands of websites in the hope of making a good profit. Among the most important elements of protection should be the following:• Security hosting which should include bandwidth (to maintain e-commerce traffic), ample disk space (to be able to place more products and store company and customer information ), Firewall (which should be strong to repel any external threats), 99.9% of all security system updates (to make sure your website is fully protected).• SSL encryption is a system that encodes and decodes customers' personal information and transaction information. In other words, this system makes the data unreadable for any external source. • PCI compliance is responsible for the security of credit card transactions. To comply with this system every online business should build and maintain a secure network, protect cardholder data, follow information security policy, regularly test networks, maintain a vulnerability management program. • DDoS Protection and Mitigation Service: Installing this system saves a lot of money on other security aspects. This cloud-based system helps protect the website from hacker attacks, even the most powerful ones. • Storage of sensitive data: Online businesses should not store sensitive data on their hard drives. Even the most powerful security systems could be breached and all data would be lost. Nowadays, it is prohibited by cybersecurity policy to store all sensitive data in one place. F...... half of the paper ......equally and ethically clear); and this creates "grey" shadows of e-commerce. Electronics businesses must inform their customers of all rules and regulations, complete product information and confirmation of product safety. Judicial comity requires legal institutions in other countries to apply “clear” e-commerce laws in order to practice “friendly” international business relations. Every e-commerce business must be registered and go through all legal procedures. Electronics businesses must obey complex tax regulations such as income taxes, transaction taxes, customs duties and property taxes. Income Tax: Taxation of all corporate income. Transactional Taxes imposed by the government on the company's sale and use of goods and services. Customs duties: taxation on imports into the country. Property Taxes: Taxation of real estate and any other personal property.