The Rise of the Internet and Electronic Commerce

Identity theft, Internet hoaxes, defense of service attacks and similar actions have become far more than prevalent since computer communicates have increased in popularity.

This research considers the grandeur of network and data security to organizations in legal injury of how critical network security processes can help companies employ their organizational goals.

DEFINITIONS OF ELECTRONIC COMMERCE AND NETWORK SECURITY

For some analysts, the term, "electronic commerce," refers to the plethora of "dot com" companies which have come into existence in just the past few years, created new millionaires from young entrepreneurs, and changed sell as consumers comparison shop and browse from their homes and offices 24 hours a day, seven days a week. However, the ramifications of electronic commerce fail far beyond just using the Internet to chain of mountains catalog customers (Kehoe 20).

For more analysts, "electronic commerce" actually refers to the concomitant of electronic commerce and electronic business (ecommerce and ebusiness, respectively) which are based on using the Internet and cogitate technologies for conducting proceedings. These transactions include not only retail transactions that might take place at amazon.com between a business and an end customer (business-to-consumer), but also business-to-business transactions involving purchasing, inventory control and accounting. In this electronic comme

Network security is often relegated to the IT department of a company with little thought as to the impact that it has on the rest of the organization. By recognizing that network security is, in fact, an inbuilt and critical part of a company's operations, organizations can elevate its importance and dedicate more resources to the task. This can help ensure that network security reinforces the supports the organization's long-term goals and chances for success.

Companies are finding that the Internet eliminates many of the limits to scale which have tralatitiously plagued companies.

The economic principle unremarkably known as the "law of diminishing returns," which says that companies realize smaller incremental gains for each new customer after a certain point, either does not apply in the arena of e-commerce, or sets in at a very amply level. It is not more costly to reach the one one-millionth customer than the seventh customer when using a weave site, and the revenue generated from the one millionth customer does not go to support a liberalr facility which, in traditional companies, would be necessary to support such a large operation ("Sales on the Internet" 11).

Smith, S. Microsoft and the European amount face off over Internet privacy concerns. Duke fairness & Technology Review, Rev. 0014, (Aug 21, 2002). Retrieved 1 Sep 2005 from http://www.law.duke.edu/journals/dltr/articles/2002dltr0014.html.

Harbert, Tam. "Unions Seem a Small Threat to High Tech, at Least for Now." electronic Business 27(Nov 2000): 42.

Network security is an issue for companies regardless of whether they get into in electronic commerce; however, since most organizations have a Web site that allows some interaction with outside individuals, that perspective will be used for the purposes of this analysis.

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