Security Challenges and various methods for Increasing Security in E-Commerce Applications

Abstract

Abstract: E-Commerce security is a component of information security framework and applied to avenues including data security, computer security etc. It includes protection of E-Commerce assets against illegal access, use modification or demolishing of data. However, due to increase in sensitivity to assaults, the attackers employ phony websites and apps to breach the security of payment related activities over the internet. This paper presents the review of various security challenges encountered in e-commerce applications and the methods to avoid or overcome them. The paper provides a survey of some techniques employed by various researchers. The majority of banking transactions now take place online due to the expansion of e-commerce. They use merchant-provided websites or pay-per-use apps which increases their sensitivity to assaults and increases the likelihood that attackers will employ phony websites and apps. There are numerous strategies for protecting against vulnerabilities that can be used. In this paper, we have provided a survey of the Security methods employed for safeguarding the banking transactions.