Digital Economy

Security Methods

Authentication Methods

Passwords are a set of strings provided by users at the authentication prompts of web accounts. Although passwords still remain as one of the most secure methods of authentication available to date, they are subjected to a number of security threats when mishandled. 

Password management is a set of principles and best practices to be followed by users while storing and managing passwords in an efficient manner to secure passwords as much as they can to prevent unauthorized access.

Security Methods

Other types of Authentication Methods

Two-factor authentication (2FA) -- 2FA requires users to provide two authentication factors that include a combination of something the user knows (like a password or PIN), something the user has (like an ID card, security token or smartphone) and something the user is (like a fingerprint or eye scan).

Windows Hello provides reliable, fully integrated biometric authentication based on facial recognition or fingerprint matching. Windows Hello uses a combination of special infrared (IR) cameras and software to increase accuracy and guard against spoofing.

https://www.youtube.com/watch?v=PkW5WKHsQOg

Security method

Web site back-Ups

A website backup is a copy of all your website’s data. To ensure your online store is fully protected, backups should include your products, themes, categories, customer data, orders, pages, blog posts, inventory, gift certificates, and more. The more data you can capture in your backup, the better.

There are four requirements to look for in your backup software system. A reliable backup should be:

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• Regularly updated – as often as your website gets updated/changed.
• Complete – capturing as much data from your site as possible.
• Stored in a separate location/server from your website.
• Easy to access and restore when you need it most.

Security method

Anti-Virus Software

Antivirus software is a program or set of programs that are designed to prevent, search for, detect, and remove software viruses, and other malicious software like worms, trojans, adware, and more

Anti-virus Software Functions

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• Scan specific files or directories for any malware or known malicious patterns
• Allow you to schedule scans to automatically run for you
• Allow you to initiate a scan of a particular file or your entire computer, or of a CD or flash drive at any time.
• Remove any malicious code detected –sometimes you will be notified of an infection and asked if you want to clean the file, other programs will automatically do this behind the scenes.
• Show you the ‘health’ of your computer

https://www.youtube.com/watch?v=DAQV5XoTN8g

Elements of E-Commerce

Supply chain Management

Supply Chain Management is essential for online players who seek to provide their products and services to the customer at faster pace and cheaper rate. Supply chain encompasses various activities like coordination, scheduling, inventory management and the delivery of the product to the end users

Elements of E-Commerce

Warehousing

In online business, warehouse holds important position; this is the place where the organization stores and maintains their products for further use. Importance of warehouse in ecommerce can be realized immediately after receiving orders from your customer through online clicks!

What is Digital Economy

Digital Economy

Digital economy is defined as an economy that focuses on digital technologies, i.e. it is based on digital and computing technologies. It essentially covers all business, economic, social, cultural etc. activities that are supported by the web and other digital communication technologies.

There are three main elements in Digital Economy

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• E-Business
• E-Business Infrastructure
• E-Commerce