Encryption & e-Commerce
With the constant increase that e-commerce has had in recent years, we are witnessing every day to billions of daily accesses, whether they are only for consultation or for payment transactions. All this, makes web platforms the object of attacks by hacker groups, which for the sole purpose of economic blackmail constantly threaten websites all over the world and even worse their DATABASE so precious, containing sensitive personal data ( Name, Address, Mail, Methods of payment, etc ..)
For this reason, effective protection at all levels is required by those who manage a successful e-commerce with thousands of transactions. The entry into force of the GDPR legislation has certainly made all companies aware of the issue of privacy, but there is still a lot to do, in terms of "real" protection of the personal data of those who shop on the web.In this, the adoption of an CRYPTOGRAPHY system facilitates this protection, with the use of complex algorithms such as the homomorphic one.
Role Of Encryption In e-commerce
We may never have said it before, but e-commerce has grown to unimaginable proportions over the past 5 years. In fact, it has become one of the fastest growing and transforming industries over the past three years. There have been financial transactions for billions of dollars in this market and every “enlightened” entrepreneur who is attentive to the digital transformation of their business looks at this business with great interest. To make this possible, data encryption methods play a crucial role in ensuring that customers who pay for anything online are safe and fully protected. With the development of the Internet in recent years, e-commerce has given a new dimension to the business of traditional commerce; managing to establish itself by giving birth to new forms of entrepreneurial activity. Since every advantage of science also has its downsides, the security of the method of applying the traditional cryptographic technique is also constantly threatened. For this reason it is necessary that the encryption techniques applied to the most varied fields constantly evolve using complex and secure algorithms.