Secure growth of internet banking and e-commerce

The growth of business transactions through the Internet, smartly worded as e-commerce/e-business, has grown very fast in the last few years. Cost considerations and convenience afforded by the facility have fuelled the growth. At the same time, the phenomenal growth has accentuated the problems of security.

Communication, data, and information security are all part of a system where the environment is increasingly becoming difficult to handle. Threats to information security and frauds related to electronic transactions have increased at an alarming rate resulting in reduced confidence in transacting on-line.

Is there any way out that can let us help in transacting online without any fear??

Was looking for an answer to it when I came to know about “digital signatures”.

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