Hardly a week goes by that the newspapers and industry publications don t call for safeguards and legislation. Technology vendors must deliver more affordable and price-performance hardware and software. Consumers have several requirements in order to feel comfortable doing business electronically. They demand privacy safeguards. They need assurance that messages and transactions are not opened or altered by intermediaries before they reach the intended party.
Technology exists today to afford secure business over the Web.
Security for e-commerce can be implemented by the utilization of some or all of the technologies described above. By designing a solution that addresses the extended enterprise, firms can provide the levels of trust and privacy consumers require. Robust efforts in the prosecution, conviction and sentencing of fraud perpetrators, hackers and virus creators must be instituted to allow e-commerce to mature in earnest. The request, signed by the cardholder, contains encrypted order information using the merchant s encryption public key. Upon receipt and verification of the request, the merchant sends a signed and encrypted authorization request to the gateway.