Operational Risk Related to E-Commerce: IT Sabotage – Essay Example

The paper "Operational Risk Related to E-Commerce: IT Sabotage" is an outstanding example of an e-commerce essay.
IT sabotage of cyber is a serious problem that many businesses have faced repeatedly. This is when cybercriminals access a company’s computer networks illegally to steal or tamper with the data or information stored there. Such activities include things like getting the credit card details of clients from the companies’ computer systems. They usually target companies because it is where the credit cards are kept in bulk (Condamin, Louisot, and Patrick, 2006). The risk can be determined by carefully monitoring suspicious activities on the company websites. In case there appears to be something that is not normal, then some hacking might possibly be taking place and necessary steps should be taken to avert a possible danger.
Attacks on the e-commerce web sites have actually have been a serious headache to many online businesses due to the serious losses that they have been suffering. However, they can be mitigated in several ways such as carrying out a risk assessment of the business. If possible, it should be done before the implementation of the technical controls in order to do away with the weaknesses before expensive adjustments are required (Buchanan, 2004). It can also be mitigated by developing security standards. Security policy should be communicated to the workers so that they can better comprehend their responsibilities, the consequences for any violations, and the steps that they should take if they see any suspicious activities online. Another way of preventing the risk is by consulting the internet service provider. This should be done to see if it can be blocked before reaching the systems of the company.