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Online Security and Outsourcing

Beta

Lesson

Online Security and Outsourcing

Part 2: risks and protections online, then outsourcing to outside specialists.

In this lesson you will

Identify the security risks of online transactions
Explain security measures, with a dated note on the Information Technology Act 2000
List the resources needed for successful e-business
Explain the concept, scope, need and concerns of outsourcing using imagined cases

Concept

Security risks of online transactions

Transaction risks
Data storage and transmission risks
Intellectual property and privacy risks

Table of three kinds of security risk: transaction risks, data storage and transmission risks, and risks to intellectual property and privacy
Risk	Meaning
Transaction risks	Default on order-taking or order-giving, on delivery, or on payment
Data storage and transmission risks	Viruses, hacking and loss of data in storage or in transit
Risks to intellectual property and privacy	Copying of designs and text; leak of personal information

Concept

Risks in imagined cases

Table of four imagined cases and the risk each shows: default on payment, a virus damaging stored data, copying of photographs, and reading of private phone numbers
Imagined case	Risk
A buyer receives goods from Pustak Ghar and never pays	Transaction risk: default on payment
A virus damages the order file of a tea shop	Data storage and transmission risk
A rival copies the photographs of a handicraft cooperative	Risk to intellectual property
An outsider reads customer phone numbers	Risk to privacy