These are precisely the ingredients great opportunities are made of, but there are also serious risks to be considered. This is a good time to step back and try to figure out how all the pieces fit together from a risk management perspective. Although initially slow to jump to the new technology, businesses are now fully committed to this new medium. More than half of U.S. business with more than 500 employees have a Web presence and a budget to support those activities.
Exponential growth continues worldwide.
In the last two years, the number of users has skyrocketed to 70 million people connected to 500,000 Web sites. There are people actually making money on the Web, but there are not too many examples. Today's successful stories are limited to Web publishers, search engines, and software sites selling advertising space - not unlike a magazine. In terms of commerce, things are moving at a slower pace. The reason Internet commerce has been so slow to take off is the perceived high levels of risk associated with transactions of money and information over a public network.