Disadvantage of e-commerce for the business?

Disadvantage of e-commerce for the business?

• A. Customer's bank details have to be kept securely against a cyber attack
• B. No issues with online security
• C. Positive reviews boost sales
• D. Minimal maintenance requirements

Answer: (A)

Securing customer payment data is a major challenge in e-commerce. When online stores collect bank and card details, they become targets for cyber attacks. To protect this information, a business must invest in secure payment processing, encryption for data in transit, and often compliance with standards like PCI DSS. They may use tokenization so saved data isn’t the full card number, enforce strict access controls, monitor for suspicious activity, and prepare an incident response plan. All these security measures add ongoing costs, complexity, and effort, and a breach can lead to financial loss, legal penalties, and damage to reputation. The other statements describe benefits or unrealistic situations instead of real drawbacks.

Securing customer payment data is a major challenge in e-commerce. When online stores collect bank and card details, they become targets for cyber attacks. To protect this information, a business must invest in secure payment processing, encryption for data in transit, and often compliance with standards like PCI DSS. They may use tokenization so saved data isn’t the full card number, enforce strict access controls, monitor for suspicious activity, and prepare an incident response plan. All these security measures add ongoing costs, complexity, and effort, and a breach can lead to financial loss, legal penalties, and damage to reputation. The other statements describe benefits or unrealistic situations instead of real drawbacks.