‘Buyers and Sellers, Beware: Data Dangers of Ecommerce’ – ‘Business.com’ Blog
Geoffrey Grow says, “The rise of e-commerce offers consumers better access to goods, lower prices and an improved shopping experience—these are just some of the many benefits driving growth in the $1 trillion global e-commerce industry.
From a business perspective, e-commerce gives exposure to a larger audience than could be reached with traditional retailing. However, it can also expose businesses and their customers to serious data risks.
Businesses have the responsibility of collecting and transmitting private information from consumers; therefore, these retailers must be aware of the risks. Mishandling or mistakenly verifying this data can have serious consequences for the business and for the consumers“.
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