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Essay / Website Security for Ecommerce Businesses - 1656
1. Before starting an e-commerce business, the owner must ensure that his website has all kinds of security systems providing absolute security to the customers and the owner himself. Nowadays, online flights 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: • Security hosting should include bandwidth (to maintain e-commerce traffic), large disk space (to be able to place more products and store business information and clients), a firewall. (supposed to be strong in order to reject any external threats), 99.9% of all security system updates (to be sure your website is completely secure). • SSL encryption is a system that encodes and decodes customer personal information and transaction information. In other words, this system makes the data unreadable to any external source. • PCI compliance is responsible for the security of credit card transactions. To comply with this system, every online business is expected to create 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. for other aspects of security. This cloud-based system helps protect websites against even powerful hacker attacks. • Storage of sensitive data – Online businesses should not store sensitive data on their hard drives. Even the most powerful security systems could be hacked and all data would disappear. Nowadays, information security policy prohibits storing all sensitive data in one place. F...... middle of paper ......equally and ethically clear); and this creates “gray” shadows of e-commerce. Electronic companies 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 implement “clear” e-commerce laws in order to maintain “friendly” international trade relations. Every e-commerce business must be registered and precede all legal procedures. E-businesses must obey complex tax regulations such as income taxes, transactional taxes, customs duties and property taxes. Income taxes – taxation of all business income. Transactional Taxes imposed by the government on the sale and use of any goods and services by the business. Customs duties – taxation on imports into the country. Property taxes – taxation of real estate and any other personal property..