Information Technology

The issues that confront us in relation to securing electronic transactions are : Confidentiality Integrity Availability Authenticity Non-repudiability Auditability Confidentaility Information should be protected from being read by external hackers or unauthorized internal users. It should be also safe while being transmitted on the network and make data unintelligible even if someone gets access to it. The content should be sent deciphered so that none other than the person who has the transformation algorithm can read it. Integrity Sometimes the message might be read and modified on its path. It should be possible to generate an alert on any modification -addition or deletion of the original content. Proper mechanisms are necessary to ensure end-to-end message content and copy authentication. Availability The information that is being stored or transmitted across communication networks should be available whenever required and to whatever extent as desired wi...

Electronic Commerce increases Profits : Electronic commerce increases sales and decrease costs. Advertising on the web reaches all the users of that website. A firm can use the web to reach communities which are scattered geographically. The web's natural advantage is that it is low cost medium for disseminating information and processing transaction. for e.g the cost of advertising on the web is much less as compared to advertising in a newspaper. Another benefit of web based commerce is that information based industries excel here. A virtual organisation increases efficiency through the automation of processes. The cost of handling sales inquiries and determining product availability can be reduced with the help of e-commerce in the marketing process of the business. E-commerce increases the speed and accuracy with which businesses can exchange information which reduces costs on both sides of transactions. Another Advantage of e-commerce is ...