Risks and Vulnerabilities in Online Commerce

Alin-Flavius Marta, Margareta Stela Florescu and Laurentiu Coroban
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Alin-Flavius Marta: West University of Timisoara, Romania
Margareta Stela Florescu: Bucharest University of Economic Studies, Romania
Laurentiu Coroban: West University of Timisoara, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2023, vol. 24, issue 2, 210-227

Abstract: In today's society, knowledge of the use of the Internet and communication networks has become a necessity. Competences in the use of technology, both in daily activities and in professional activity, are indispensable for modern man. Society evolves at a dizzying pace, people's lack of time and the opportunities generated by the possibility of everything being accessed from the comfort of home is a trend that seems to be unstoppable. Making transactions online offers advantages that any other market is hard to compete with, from your home or office chair, you can compare multiple product offers, prices, etc. and choose the one that suits your needs, without wasting time physically going to the store, and for comparison by visiting several stores. All these aspects weighed enormously and encouraged online trade, the market where demand and supply are a click away, having an unprecedented growth in the recent history of mankind, the upward evolution of the number of transactions in the online environment being inevitable. Considering the trend of online commerce, the role of the study is to identify the risks and vulnerabilities manifested in these transactions, the Internet being exposed to cyber criminality, and beyond them, what would be the way in which these vulnerabilities and risks could be treated and countered.

Keywords: E-commerce; risks electronics; crime cybernetics; security cybernetics; e-banking risks (search for similar items in EconPapers)
JEL-codes: E32 G29 L81 (search for similar items in EconPapers)
Date: 2023
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