The risks of e-business
E-business is an effective way of developing a business. However, since all the transactions happen online, e-business is not free of risks. Hacking and internet crime is a very common happening nowadays. By hacking into a website, any person can access the confidential information regarding a business like financial statements, details of transactions and customer information. Since the files and data is transferred every day, the risk of leakage of data increases. It is also possible for an external body to manipulate and modify vital business data, thus causing enormous loss to the business. Virus is always a threat to any e-business. Therefore, it is very important to protect the details which involve important business dealings.
Different types of security measures
Realizing the dangers and risks involved in e-business, several methods have been developed in order to ascertain the confidentiality of the business. Privacy and keeping classified data confidential are the key requirements for a successful business. A virus can destroy the entire data bank of the business and cause severe loss. An e-businessman can install and enforce different security measures and ensure the safety of the business. Some of the most commonly used securing measures are installation of powerful anti-virus software’s, coded encryptions, passwords, firewalls and physical security for the data storage and transmission computer.
Manual security measures
E-business runs the risk of all the data being stolen or modified not just from online sources but from physical sources as well. This means that any person, who has an access to the server room, can steal or modify data, without the need to hack into the system. So, employing trustworthy security guards is a very important aspect in securing an e-business. The entry into the server and computer rooms has to be further secures by installation of swipe card system so that only a few people who are given the swipe card can have access to the room. Latest technology can test the DNA of an authorized person and only after confirmation let him in. Retina scan, voice scan and fingerprint scan are the other means of restricting the server room access.
Continuous monitoring of the data files
The stores data has to be monitored continuously to detect any abnormal activity. In case a threat is found, immediate action should be taken to increase security measures. It is not sufficient to just install security checks. The systems have to regularly administered and upgraded to make the system more secure. It is always helpful to make the most important data hidden behind a loop of files and secured by multi-level passwords. Also, the passwords should be strong and difficult to guess. A combination of alphabets and numeric’s is a best choice for passwords. The passwords should be changed regularly to improve security of the system.
Display of confidential information on the screen
In order to strengthen the system against data leakage, confidential data should never be fully displayed on the computer screen. The data should be hidden or never displayed in full. For example, displaying only the first few digits of the credit card numbers will help in securing the data.