Cybersecurity Issues and Challenges in E-Commerce

  • Ritik Raj
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  • Ritik Raj

    Student at Bharati Vidhyapeeth (Deemed to be University), New Law College, Pune, India

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Abstract

The appearance of the digital age has given birth to an explosion in e-commerce and benefited greatly from the harmonious effects of technology, commerce, and the involvement of customers. However, impediments are first and foremost; resolute rises in the risks of cyber dangers are such apparent hindrances that disable integrity along with the prosperity of online business environments. This paper critically delves into compound enforcement of cyber threats to e-commerce, discusses consequences implying e-commerce, and extends wide-ranging remedies. It is underpinned by common threats, namely data breaches, spear phishing, payment fraud, and malware; and each threat constitutes egregious dangers. Primarily, data breaches expose helpless clients’ data, and pioneer financial losses along with detrimental effects on the customers’ attitudes. Secondly, spear phishing manipulates recipients into unveiling pivotal data, compromising users’ privacies as well as perishing systems’ credibility. Payment frauds—such as stealing credit card details and manipulating chargeback programs—subvert transactions outright. This is in contrast with malware and ransomware that disable business gears and contaminate real consumer databases. E-commerce frameworks are a particularly complex cybersecurity battle. Not only do they encompass extensive interconnected chains of service and third-party partnerships, but they are also exposed to various human vulnerabilities through inaccurate user inputs and insider threats. This article emphasizes how a proactive cybersecurity solution would have been enforced on e-commerce merchants, policymakers, and cyber-security experts to safeguard digital commerce commerce. Also, against a backdrop of airborne cyber threats and a rising economy in e-commerce, the paper implies that cybersecurity laws ought to change dynamically. Through this inquiry I hope that the subsequent investigation into developing technology and the psychology of cyber threats would be able to offer suggestions for improving the resilience of digital commerce ecosystems by an everchanging cybersecurity front.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 7, Issue 2, Page 1234 - 1244

DOI: https://doij.org/10.10000/IJLMH.117169

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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