Law vs Electronic Commerce

Law vs Electronic Commerce
A great deal of uncertainty surrounds the impact of the continuing growth of electronic commerce (e-commerce) on existing law.

While commercial law has evolved over the centuries in response to the development of trade in goods and services, within or across nations, the emergence of an electronic medium (‘cyberspace’) as an additional avenue for trade has pushed to the fore many questions: whether and how an adaption of existing law would possible, appropriate or sufficient to catch up with the problems thrown up by the new medium.

For one thing, the nature and effects of transactions that would ordinarily have been taken for granted had they occurred on non-electronic media confound established notions of commercial law.

Secondly, the unpredictability of the ultimate consequence of such transactions to the respective trading partners, who would be more likely to come from different jurisdictions, prompts scrutiny of preexisting, widely accepted formulations in domestic trade law, custom and treat among nations.

A major feature of the emergent situation that the impact of e-commerce on the law has not been across the board, simply because e-commerce has not been developing evenly.

Most transactions ton date relate to the purchase of computer hardware or software or the supply of information of various types; plain news, financial data, entertainment, education, travel, advertisement, health and DIY tips.

These item have one characteristic, namely the buyers’ lack of interest in, or disregard of, any need to have to conduct checking r inspection prior to purchase, or at any rate, before delivery.

In light of the general uncertainty surrounding the status of the online buyer and seller, the relevant law and of how it might be applied on behalf of a buyer claiming redress, the purchase of “safe” items acquires as precautionary significance.

In other words, the very nature of the involved in the transactions seems to rule out any fundamental failure that cold surface at a later stage and necessitate the intervention of the law to resolve the consequence of that failure.

Obviously, once money has passed form buyer to the seller, the path to recovery of that money, let alone further damages as would be expected under normal contract law, could be too complicated for the buyer to understand or pursue.

What makes the flight of an on-line buyer who seeks redress intractable is that solutions to online legal disputes are only just evolving in bits and pieces. New rules have begun to emerge in the form of statuary reforms in single jurisdiction or through case decisions on disputes arising from on-line transaction.
Law vs Electronic Commerce

Business Oriented of E-Business

Business Oriented of E-Business
E-business does involve implementing new systems and technology, which is a minor but important part of the puzzle.

E-business impacts the technology, processes, organization, and management of the organization. These statements have strong implications for carrying out a successful e-business effort.

* Politics is an important part of e-business implementation. You cannot ignore it or sweep it under the rug. It is there because e-business has such far-ranging impacts. E-business alters the power structure of departments and the entire organization.

* The culture of the society, organization and environment is an important factor in e-business because you are dealing with customers, suppliers and employees.

* Information technology (IT) has a major role that goes beyond systems work. Information technology is the only group that spans the organization and addresses the technology. Information technology must have a central role in e-business implementation.
Business Oriented of E-Business

E-Commerce Trends

E-Commerce Trends
B2C E-commerce moves from simple Web store fronts to interactive marketing capabilities that provide a personalized shopping experience for customers and then toward a totally integrated Web store that support a variety of customer shopping experience.

B2C E-commerce also moving toward a self-service model where customers configure and customize the products and services they wish to buy aided by configuration software and online customer support as needed.

B2B E-commerce participants moved quickly from self-service on the Web to configuration and customization capabilities and extranets connecting trading partners.

As B2C, E-commerce moves toward full-service and wide-selection retail Web portal, B2B is also trending toward the use of E-commerce portals that provide catalog, exchange and auction markets for business customers within or cross industries.

Both of these trends are enabled by E-business capabilities like customer relationship management and supply chain management, which are the hall marks of the customer-focused and internet-worked supply chains of the successful E-business enterprise.
E-Commerce Trends

Direct Attack by Terrorist

Direct Attack by Terrorist
A direct attack would take the form of hacking into a computer system and rewriting or stealing information.

Some examples have that hackers operate for political purposes, as shown by the Portuguese hacker group called PHAIT (Portuguese Hackers Against Indonesian Tyranny).

They have rewritten Indonesian government and commercial Web site in order to protest about East Timor situation.

Anti-fur hackers have also attacked fur company Web sites in order to get their message to the general public.

Another method of hacking is more concerned with attacking computer files and destroying modifying or extracting data.

These types of hacking attacks may be less apparent to organizations, as they may not realize they have been a victim.

Cyber terrorists would use hacking as an extensive part of their ‘attack strategy’ against electronic commerce.

By hacking Web sites, cyber terrorists will gain a global audience for their political message and they will also be able to discredit the security of the companies using the on-line service.

It should also be remembered that hackers are available for hire on the open market and therefore their services can be easily acquired.

By actually hacking the data contained within the system, sales can be disrupted, or data altered.

This would help to harm the organization’s effectiveness or allow frauds to take place.

Cyber-terrorist attacks on commercial sites could easily damage users’ belief in secure transactions.

Overnight, the newly developed electronic commerce marketplace could disappear.
Direct Attack by Terrorist