A Secure E-Business Environment

As companies worldwide move from a model of web-presence to
one of web-business, more and more direct business (transactions) is being
conducted on the Internet. According to certain estimates, in 1999 alone, the
total value of e-business was to the order of $130 billion. A large part of that
obviously happens in a few countries, like the United States. The true potential
of Internet as a platform for commerce will be unleashed once its global
character is exploited. Many countries today have limited Internet reach but are fast getting online. Once the Internet
becomes a truly global medium, the value of business on the net will rise

It is no more a matter of debate whether companies that shy
away from the reality of e-business will survive. Most companies understand they
will not. There is a mad rush among companies, big and small, to embrace

While all this–smart moves, enhanced operating efficiencies
and faster penetration of new markets through the Internet sounds too
impressive, there is a concern that still looms large. That of a not so secure
environment to conduct e-business.

There are two sides to the security problem. One is the
security problem itself. The other is the concern about a possible security
problem. Both act as barriers to the growth of e-business. According to Computer
Emergency Response Team (CERT), the number of reported cyber-vandalisms in 1999
was 8268. There must be many more that go unreported. Similarly, without a
proper legal validation of an Internet transaction, there is a lot of concern
among businesses.

What’s In A Number?

you repeat the question after reading the table?
it takes for the first intrusion attempt after you log into AOL
attempts on www.ca.com in October 2000
of reported cyber-vandalisms reported by CERT in 1999
of sites that provide free hacking tools