Mark S. Merkow, University of Phoenix Online
Consumer identity and payment card data are under attack. The very connectedness that enables e-commerce also threatens its existence. Between the new hoards of personal identifying data collected for the electronic ex-change of goods and services and the organized attacks and attackers trying to separate consumers from their money, effective e-commerce safeguards are needed more than ever. Although some online merchants continue to have an “it can't happen to me” mentality and ignore or treat casually the handling of consumer information and transaction information, e-commerce will remain vulnerable, and without sufficient self-enforcement activities in place, the credit card associations and governments around the world will mandate and impose regulations that may be a cure worse than the original disease.
Although safeguarding e-commerce is a set of activities and ...