Authors: Mrs.M.Brindha, Mrs.S.Shanmugapriya
Abstract: In today's rapidly changing digital landscape, e-commerce platforms have become prime targets for cyber threats, posing significant risks not just to businesses but also to consumers. This paper delves into the most pressing cybersecurity threats facing e-commerce and outlines the current trends in these dangers. It highlights key categories of threats identified by the authors, including phishing attacks, malware, data breaches, and insider threats, emphasizing their increasingly sophisticated and destructive nature. The discussion also addresses major issues in cybercrime, such as the misuse of artificial intelligence and machine learning by criminals, the security vulnerabilities introduced by Internet of Things (IoT) devices, and how evolving regulations impact these threats. By providing a thorough understanding of how these risks affect various sectors of e-commerce, the research reveals challenging cases and industry-specific threats highlighted in recent news. To effectively navigate this shifting threat landscape, the paper outlines a range of mitigation strategies. It discusses technical solutions like encryption, secure payment gateways, and intrusion detection systems, alongside organizational practices such as employee training, incident response planning, and access control policies. Additionally, the paper raises the important issue of "business legal and regulatory obligations," stressing the need for companies to comply with regulations like GDPR and CCPA, echoing the sentiment found in the King James Version of the New Testament. Finally, it explores the importance of collaboration and information sharing within the industry, as these efforts can significantly enhance the collective cybersecurity measures.
International Journal of Science, Engineering and Technology