Online issue Essay Example | Topics and Well Written Essays - 1000 words

Online issue - Essay Example sing with the advancement in technology and the most common today affect money transactions, social websites, corporate security and personal privacy. When it comes to conducting money transactions online the main challenge is based on password management where the passwords that most people put in place are likely to be broken or hacked easy. However, this is not only an educational challenge but also an administrative one since the company under which a person is doing their transaction should be able to counter this (Bortz, 1). The common issue is that when the transaction is being conducted there is no sure way to determine if it is really that person doing it; additionally, with current authentication standards, often people take on faith that theyre being contacted by the "real" sender the message claims. Concurrently, with social websites becoming more popular day after day, the chances and issues of insecurity continue to pile up too in terms of information and privacy concerns all over the world. Malevolent people have been attracted by the tome and easy access of user’s personal information available on social networking sites; surprisingly, the same technologies that attract users to participate also make the sites prone to infectious malware that can shut down an organizations networks or even steal credentials (Pelgrin 1). Common risks on social websites include phishing, spoofing and web application attacks that attempt to steal a person’s identity; the attacks are often successful due to the assumption of being in a trusting environment social networks create and the more information a person posts, the more information becomes available for a potential compromise by those with malicious intentions. It’s very advantageous conducting business online since it offers entrepreneurs a variety of recompenses and to be more convenient than other methods; despite the advantages, however, there are also some problems that can arise when doing