An overview on web security threats and impact to e-commerce success

E-commerce has made great strides in providing a convenient, fast and secure shopping experience for consumers. However, there is still a significant portion of shoppers whose security fears impact how they spend their money online. Because of this, security issues associated with e-commerce and customer sites must be constantly reviewed and updated with appropriate countermeasures. As web security threats detrimentally affect the success of electronic consumerism, it is imperative to educate both consumers and businesses on the issues and how to eliminate or minimize the risks of security breaching in an e-commerce environment. This paper presents a survey and analysis on e-commerce related security issues, the impact to E-commerce success, and the available integrated security strategies. We attempt to offer a simple guide how to properly deal with the security threats that detrimentally affect e-commerce. In addition, this paper provides an analysis on the barriers that prevent many developing countries from adopting e-commerce. Some recommendations on how to overcome these problems will also be provided.