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Risks and Vulnerabilities in Online Commerce

Author

Listed:
  • Alin-Flavius MARTA

    (West University of Timisoara, Romania)

  • Margareta Stela FLORESCU

    (Bucharest University of Economic Studies, Romania)

  • Laurentiu COROBAN

    (West University of Timisoara, Romania)

Abstract

In today's society, knowledge of the use of the Internet and communication networks has become a necessity. Competences in the use of technology, both in daily activities and in professional activity, are indispensable for modern man. Society evolves at a dizzying pace, people's lack of time and the opportunities generated by the possibility of everything being accessed from the comfort of home is a trend that seems to be unstoppable. Making transactions online offers advantages that any other market is hard to compete with, from your home or office chair, you can compare multiple product offers, prices, etc. and choose the one that suits your needs, without wasting time physically going to the store, and for comparison by visiting several stores. All these aspects weighed enormously and encouraged online trade, the market where demand and supply are a click away, having an unprecedented growth in the recent history of mankind, the upward evolution of the number of transactions in the online environment being inevitable. Considering the trend of online commerce, the role of the study is to identify the risks and vulnerabilities manifested in these transactions, the Internet being exposed to cyber criminality, and beyond them, what would be the way in which these vulnerabilities and risks could be treated and countered.

Suggested Citation

  • Alin-Flavius MARTA & Margareta Stela FLORESCU & Laurentiu COROBAN, 2023. "Risks and Vulnerabilities in Online Commerce," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(2), pages 210-227, May.
    • Handle: RePEc:rom:rmcimn:v:24:y:2023:i:2:p:210-227
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    References listed on IDEAS

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    1. Justin M. Rao & David H. Reiley, 2012. "The Economics of Spam," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 87-110, Summer.
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    More about this item

    Keywords

    E-commerce; risks electronics; crime cybernetics; security cybernetics; e-banking risks;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other

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