Potential Risk to an Organisation of Committing to an E-Commerce System free essay sample

I am going to be explaining the potential risk to an organisation of committing to an E-commerce system. E-commerce has many drawbacks. I will be going through these drawbacks that risk an organisation of committing to an E-commerce system. * Advertising and maintaining website * Hackers * Identity theft * Website not being recognised * Viruses * Profit * Delivery Advertising and maintaining website A drawback of an Ecommerce is the advertising. If no-one knows it exists it will not generate any revenue. Of course the most effective way of advertising your online business is through the word of mouth, so you need to build a customer base for your business. Maintaining website is important. Customers want a website that is updated regularly, such as product updates for new products etc. you need to make sure the information that is provided is up to date and accurate. So fix missing pages, broken links and forms and missing images. We will write a custom essay sample on Potential Risk to an Organisation of Committing to an E-Commerce System or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You need to also be aware of backing up your site. Imagine your site files were wiped out how would you get back all of your data. Hackers Hacking is a very high risk to an organisation of an E-commerce. The higher your profit is on the Internet, if you are advertising your site or are a big company name; statistically youre going to get hit more likely than a site that has no visibility on the Internet. There are many reasons why a hacker might attempt to gain access to a small business website; most hackers are hacking to make money. Identity theft Identity theft is common risk to an organisation when committing to an E-commerce system. Identity theft is when someone has enough information about an identity to commit identity fraud; these can be credit, medical, employment and checks. Its the misuse identify of another person without their knowledge or permission. Identity theft schemes include unauthorized purchases orders with items shipped to rented offices under the business name. Or they can use your account to buy as many as items they wish to purchase leaving you with thousands withdrawn from your account. Delivery Delivery can be a huge drawback when committing to Ecommerce. These could be your packages can be left on your doorstep this can cause someone to steal your purchase or probably damaged. Packages can be delivered at unpredictable times during working hours. Which then you have to wait another 2 days to either receive the product or you have to travel yourself to get your item. Another potential risk to an organisation of committing to an E-commerce is that they delay goods. E-commerce website delivery takes a lot longer to get the goods into your hands. Viruses Viruses can do a multitude of things. Many viruses, which disguise themselves as tracking cookies, are meant to allow access to personal information that you give out over the internet. If you are shopping and this happens, it can be used for identity theft. Viruses can also slow down your computer significantly, destroy vital data, erase information amp; even shut down your computer. Your browser is executing code all the time. When it downloads web pages, that code is downloading and displaying arbitrary data, pixels, character’s, etc. Since code is data, if your browser tries to execute the data it might actually run. When a website has a virus find them using anti-virus as anti-virus uses a signature string to locate them. When your website has a virus even when you try to access it from different computers and different servers it will have a strange homepage and the news stories won’t update with error on the site. This can be a huge potential risk to an organisation when committing to an Ecommerce system. Profit When running an Ecommerce site you need to get an outcome in everything you do when putting income into the business. When deciding what to sell online you may want to first decide who you want to market to before you decide what you want to sell. After you need to think about the economics of online retail such a, packing, packaging, postage or are crystalized per order marketing, promotions. You need to understand what happens to profit when a customer orders online. This can be a potential risk when committing to an Ecommerce system.