E-COMMERCE AND CYBER VULNERABILITIES IN BANGLADESH: A POLICY PAPER

Abstract

E-commerce is one way among many that people buy and sell things in retail. Some companies sell products online only, but for many, e-commerce is a distribution channel that’s part of a broader strategy that includes physical stores and other revenue streams. Either way, e-commerce allows startups, small businesses, and large companies to sell their products at scale and reach customers worldwide. The growing scenario of E-commerce shapes a new dynamism in Business and offers no time-bound, cost-efficient, and hassle-free buy and sell. Following changing approach, security management in e-commerce (cyber security) is now the focus. People in Bangladesh are mostly unaware of the risks of using computing and digital devices and online platforms. This article articulated the risk factors associated with the growing reliance on digital technologies and devices. Then, some policy guidelines are prescribed for the national level and individual level, including leading social campaigns, new chapters in the school curriculum, advancing technological aptitudes of law enforcers, strengthening security systems in e-commerce, embanking sites, bringing frauds to justice, initiating law to define cybercrimes, fortifying institutional management of cyber securities