Security and Privacy Issues in E-Commerce: A Proposed Guidelines to Mitigate the Risk

Threat of security issues in Information Science has now become an important subject of discussion amongst the concerned users. E-Commerce is one of the parts of Information Science framework and its uses are gradually becoming popular. However now-a-days, ironically, these users are gradually found to be bit reluctant on pain of threats of security and privacy issues. Needless to say, E-Commerce business has opened a new era in banking industry too. But unfortunately the banking business through E-Commerce is covered with risks for these issues. Thus if these threats of privacy and security are not eliminated, users will not have trust and users will not visit or shop at a site and the sites will also not be able to function properly. These two issues i.e. security and privacy are required to be looked into through social, organizational, technical and economic perspectives. In this paper attempts are being taken to discuss with overview of security and privacy issues in E-Commerce transactions. We shall also discuss in particular different steps required to be taken before online shopping and also shall discuss the purpose of security and privacy in E-Commerce and after discussion we shall provide a guideline to be adopted to mitigate risks and vulnerabilities while an user is involved in E-Commerce transaction.