Wednesday, May 6, 2020

Internet Shopping Essay - 1446 Words

Internet Shopping The Internets popularity has dramatically escalated over the past few years and has become an integral part of daily life. It has wide spread uses ranging from obtaining information, downloading files, business advertisement to Internet commerce, which plays a major part in Internet practice. Our social structure is pressuring society to connect to the Internet, with schools world wide becoming more Web based and universities now have lectures, which can be solely viewed over the Internet. Within the next few years the potential and capabilities of the Internet are endless. With that in mind the following assignment will examine a continuously flourishing component of the Internet, Internet shopping. Although Internet†¦show more content†¦The order may go to an intermediary or directly to the merchants server. Companies vary as to when they process their credit card details. Some do immediately, while others wait until the product has been shipped out to the customer. Anywhe re along that path in which the information travelled, the security of their credit card number may have been compromised. Numerous Internet hackers ?surf? the Internet constantly looking for low security web pages in which to prey on. ?An intruder invaded more than 485,000 credit cards and secretly stored the massive database on a U.S. government agencys Web site. While the credit card companies notified financial institutions, the customers were never informed. Many compromised accounts remain open to this day? (Perfectly Private Inc, Shopping Privacy Concerns) This is the main reason why many internet users don?t shop online, as their credit card details could me misused, which results in the customer having to pay for their deceitful act. ?Two 18-year-old boys in Wales were arrested after allegedly stealing and distributing 26,000 credit card files from 5 different sites. Estimated losses: $3 million.? 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