| Transaction Security has been a matter of concern | | | | networks and opens up the gateway to several types |
| while you make purchases Online either for your | | | | of risks that can be fall into the wrong hands. If you |
| business or your household. Small-Scale Sellers those | | | | store your user ids and passwords on your computer, |
| heavily depend on internet to operate their business, | | | | they are especially vulnerable to security breaches and |
| always neglect security issues. Although, they seem to | | | | easy to steal. A meager computer security loophole |
| be ignorant of the fact that this Negligence may cost | | | | can open up the entrance to the password files, and |
| them dearer in a long run as such security issues | | | | hackers can extract and copy this information without |
| lessens the Customer Loyalty. The most significant | | | | your knowledge. |
| aspect of operating business online is one does | | | | While dealing with online sellers, the best security option |
| business with strangers. Very often customers have | | | | is your common sense. Anyone can launch a |
| to complete transaction without exchange a single | | | | professional looking e-commerce website, as it costs |
| word with the seller before making purchases. So here | | | | some hundred pounds and there are millions of |
| things can be concluded as “First Impression Lasts | | | | e-commerce solution providers operating online. So |
| Long”. As a seller you must not assume that all | | | | make it sure that whenever you are dealing with any |
| your visitors are as loyal as you. Your lapse in security | | | | online seller, the company must be a reputed one. Here |
| issues may have a devastating impact on your | | | | follows some of the fundamental questions, the |
| business. So let’s learn some facts related to | | | | answers to which can solve your problem: |
| Online Security in association with E-Commerce | | | | * Is this the e-commerce website of an established |
| Transactions. | | | | retailer? |
| People use credit cards or debit cards for purchases | | | | * Does the website have an exact street address, not |
| in an online store. While making such online | | | | just a post box number? |
| transactions, your account information is transferred | | | | * Is there any facility to call customer service? |
| for transactional approval online. In a usual environment, | | | | * Is a return and refund policy published on the |
| access to such information is/should be limited to | | | | website? |
| individuals and businesses directly involved. So the | | | | If you’ve got the positive replies to above |
| involved persons and organizations must ensure the | | | | questions, they I assure you that your transaction |
| security of such private information. Those who still | | | | would be safe. Now-a-days, most of the online sellers |
| presume that going offline, is possible alternative to | | | | do offer Secured Check Out page. These check-out |
| such information theft; later or sooner they have to | | | | pages are secured by SSL (Secure Sockets Layer). |
| use internet for such information sharing. This | | | | SSL is a protocol (developed by Netscape) for |
| compulsion is inevitable as there is substantial upsurge | | | | transmitting private documents and information through |
| in use of Internet as a Digital Information Sharing Tool. | | | | the Internet. SSL uses a cryptographic system that |
| Online Payment Transactions can be thoroughly | | | | uses two types of keys for data encryption - a Public |
| monitored, recorded, and key logged by different | | | | Key known to everyone and a Private or Secret Key |
| hackers and third parties without your knowledge or | | | | known only to the recipient. So before making any |
| prior consent. Immediately such private information can | | | | such financial transaction over internet with any |
| be available for other hackers and this would certainly | | | | e-commerce website, make it sure that its check out |
| put your business and company reputation in trouble. | | | | pages must use SSL or any such similar data |
| This information is transmitted across hackers’ | | | | encryption software. |