One of the most important issues concerning e-commerce is the privacy Assignment

One of the most important issues concerning e-commerce is the privacy and security measures department of ones indentification and financail information - Assignment Examplehaving login or password that enhances the security of the information passed between the customer and the business (McCarthy, Campbell & Brownstein, 2001). An to a fault set up environment looks into the security of the transaction by creating passwords and logins in order to ensure privacy and confidentiality of the details of the transactions. In cases where e-commerce involves financila transactions, the risk of red of money becomes high hence making security issues key in e-commerce. However, both an open and overly secure environments have both advantages and disadvantages.There are various advantages of conducting business in open environments. First, users leave behind not require login and passwords in order to navigate on the websites. Paying for items or making orders lead not require one to give login for identification purposes. This makes the process easy and faster compared to a secure environment where login is required. The graphical user interface of open environments are simpler and easy to use hence come customer satisfaction and convenience (Becker, 2008).Cost advantage also arises in an open environment. There is no cost involved in developing a secure environment thereby reducing the use up to engage experts in developing the site. The costs of hosting such a website is also lower compared to that of an overly security environment which requires shrewd experts to develop. However, cost may arise where customers sue the business for protection purposes.On the former(a) hand, browsing in an insecure open environment is characterized by various drawbacks. To begin with, the computers can be hacked thus infringing on private information. This may make the future transactions insecure and further courting qualifying of resources. Moreover, it would be easier to g et computer virus attacks, which could stall operations and further cause loss of data that may be expensive to acquire. In addition, a company can be set about by innumerable cases from customers for violation