IT Governance, Risk, and Compliance

May 26 2009   6:14PM GMT

Electronic Commerce – Part IV



Posted by: Robert Davis
Tags:
B2B
B2C
B2E
B2G
Business-to-Business
Business-to-Consumer
Business-to-Employee
Business-to-Government
E-commerce
EDI
Electronic Commerce
Electronic Data Interchange
Internet
Message Integrity
PKI
Public Key Infrastructure
UCC
Uniform Commercial Code

EDI is commonly defined as the transfer of data between different companies utilizing networks. For the vast majority of entities, enhanced transactional traceability, reliability, and accessibility are derived EDI benefits; but without appropriate controls, communication interdependency can elevate legal, security and operational risks. As an accepted remedial risk measure, public key infrastructure (PKI) is the primary technological resource permitting E-commerce portable trust. However, to achieve E-commerce security transparency requires an appropriate trading partner compatibility solution that addresses various entity-centric encryption and digital signature techniques.

“View Part I of the Electronic Commerce series here

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