E-commerce security is not a separate process. It is a continuous and comprehensive process of adding, removing and managing action layers that are based on holistic risk management strategies. In military and other organizations, this concept is known as “defense in depth,” a popular branding that does not sufficiently capture the “inside-out” concept of cyber defense.
Organizations today are giving more access to their systems to regular people as well as to external systems. So the danger is immense now. To protect itself from that danger, an organization needs to integrate a cyber defense system that encompasses all interconnection points from the inside out. To prevent increased e-crime risks, organizations must avoid uninformed, one-dimensional behavior and instead develop a holistic approach to cyber defense. There are some steps that are taken by leading organizations. These are the following:
1. Establish focused, clear and integrated security policies.
2. Properly alert employees and provide them with technical training.
3. Hire knowledgeable and skilled workers and support them in building and maintaining an integrated response to attacks.
4. Inspire awareness of electronic risks and threats throughout the organization.
5. Pursue the perpetrators of electronic crimes against the organization with the full weight of the law.
Such a system offers many benefits to deter attacks and lessen the effects of intrusion. If properly implemented and communicated, an enterprise-wide cyber defense system can help an organization prevent liability on behalf of customer management, avoid potential regulatory or legal action, recover lost revenue, maintain or restore its reputation and integrity. . . Therefore, readiness can become a strategic advantage in a business environment that increasingly relies on the security and reliability of computer networks.
An ideal enterprise-wide cyber defense includes integrated strategies that are laid out in the form of policies, procedures, philosophies, practices, etc. and is implemented through defined action plans. These strategies should encompass legal, technical, and business strategies. These strategies must be implemented in a way that takes into account customers, employees, suppliers, relationships with third parties and other key stakeholders. Therefore, rather than a comprehensive capability that encompasses all systems and processes, a strong cyber defense system is an integral part of those processes and systems.
When creating a cyber defense system, organization leaders must carefully consider what they stand to lose.
New economy business assets encompass a wide variety of intangibles that can be disposed of very easily in a virtual environment. To understand the implications of potential losses and be able to defend against them, organization leaders must learn to define “assets” as broadly as possible. Once an organization knows what it needs to protect, it must develop a specific strategy for implementing an enterprise-wide defense program. Such a strategy should encompass response procedures as well as standards that are integrated into daily work.
