Determinants of Cybercrime and its Impact on e-Commerce Development in Bangladesh (original) (raw)

Development dimensions of E-Commerce in Bangladesh: Scope, challenges and threats

The main purpose of the study is to explore the scope, challenges and threats of e-commerce as well as its development dimensions in Bangladesh. The study uses survey findings, SWOT analysis approach and case study of two top ranking e-commerce business institutions in Bangladesh. The study also uses secondary data through extensive literature review. It reveals that there is a great prospect of e-commerce in Bangladesh with growing trust, e-commerce facilities, security, people's awareness and transformation from traditional shopping to online shopping. It also explores that people like online shopping due to its convenience, security and time saving nature. The study further reveals that quality of the product, consumer dishonesty, lack of proper cyber security in some e-commerce site, unavailable banking facility, product availability and mandatory credit card requirement are the major challenges to the development of e-commerce in Bangladesh. The article suggests that a proper initiative should be taken by the government to implement ICT policy properly for smooth running e-commerce business in Bangladesh and achieving goals of digital Bangladesh.

Investigating Cybercrimes In Malaysia: The Importance Of ECommerce Security To Eliminate Fraud And Security

European Journal of Molecular & Clinical Medicine, 2021

The e-commerce marketplace in Malaysia is showing an advantageous trend, with gross value added contributed 6. 3% to gross domestic product (GDP) in 2017.Online purchasing has attained a lot of important factors in the current marketing. But, because of the number of growth of trouble makers or scams had increased, such activities will create a fear in the mind of customers and as well can influence the attitude or mind set of consumers toward online purchase. Therefore, the issue in this area of this survey is customer’s dissatisfaction and attitudes towards online purchasing.Apart from that, customers also concern about the security level whenever they order products online. The security refers to online transaction safety. The previous researchers suggest that the lack of security on the website will make the customers to have doubt or serious concern about their credit card transactions and privacy of personal information to avoid cybercrimes.In spite of comfort and advantages o...

E-commerce Challenges, Solutions and Effectiveness Perspective Bangladesh

International Journal of Computer Applications, 2013

Due to increasing the Information Technology around the world have a strong role in business sector that have already turned into online business many year past. This online business refers to the E-commerce which is recently moved in to developing countries like Bangladesh (BD). This paper describes the present challenges of E-commerce and it's solution in BD. It also discusses the effectiveness of E-commerce in financial sector of BD .Proper Ecommerce sites like Brand Ecommerce play a vital role in employment generation as well as increasing the internet utilization .This research mainly describes the present status of BD's E-commerce sites as well as study of traditional commerce for developing online business.

Analysing Bangladeshi consumers’ e-­‐commerce security and privacy satisfactions in small to mid-­‐sized enterprises (SMEs)

The world has entered the new millennium with great hopes. E--commerce is playing the central role in transforming the old economy into the high speed economy. E--commerce has created a vast range of business opportunities for both firms and individuals in developing countries to market their products and services abroad and earn foreign exchange for the countries. While many E--commerce systems have been implemented successfully in the special business industries, a considerable number have been unsuccessful. This study aims to block this space by developing an effective assessment of E--commerce success, termed E--commerce Security & Privacy Satisfaction (ESPS). This study brings about the analysis of Security & Privacy Factors (SPFs) in E--commerce implementation. An attempt has been made to focus on E--commerce implementation in Bangladesh and identify the crucial barrier-cybercrime. This study also aims to design some ideas that will allow the users in Bangladesh to deal with e--commerce with safety and without cybercrime. To provide a firm stand for the study, various theoretical studies are analysed and examined allowing for in--depth knowledge on ecommerce in Bangladesh. In order to fill the gap between theoretical information and actual practices in the context of e--commerce, and security and privacy satisfaction in Bangladesh, it is very important to collect field data. The scope of this field research covers an interview of students, Academics, Government Officials and IT Professionals. As there is at present no benchmark for measuring ESPS, this study has implemented a qualitative research method. This research is the first relative lesson into small and medium enterprises, SMEs, using secured E--commerce systems in Bangladesh.

The Transition of E-Commerce Industry in Bangladesh: Added Concerns & Ways of Recovery

International Journal of Economics and Finance

The retail business is undergoing a huge upheaval around the world, and Bangladesh is following suit. In Bangladesh, ecommerce is still a new and developing business that is rapidly expanding. We have outlined the current fresh issues and areas for improvement in Bangladesh’s ecommerce sector in this research. It also tries to depict the overall recent controversial scenarios of ecommerce in Bangladesh. The paper is organized by anatomizing various secondary sources on ecommerce news and articles. Moreover, During the covid-19 situation this sector has glimpsed a remarkable upthrust as to people are barred from going outside to get their regular commodities. Following this uprising, even in this post pandemic condition, ecommerce business in Bangladesh has emerged tremendously. But some ecommerce ventures fabricated fraudulence and treachery with consumers which let this potential sector on the edge of destruction now. Necessary numerous steps must be needed to make available differ...

The Emergence of E-commerce in Bangladesh And Its Growth

International Journal of Science and Business, 2021

The word "e-commerce" means the buying and selling of goods, products, and services through the internet. Electronic commerce or internet commerce are other synonyms of e-commerce. These services were provided through the internet network. In this paper, I defined a new concept "e-commerce in Bangladesh" so that everyone can get an idea about everything about ecommerce in Bangladesh at a glance and also focused on six aspects to analyze and study the problems related, such as definition, emerge, growth, current activities, activities, challenges & policy Required. All issues have been analyzed in terms of e-commerce in Bangladesh. First, we analyzed the basic content, characteristics, activities of e-commerce. Second, we discussed the objective & methodology and a clear concept of e-commerce. Third, we gave out the emergence and history. Forth, we analyzed and gave out the growth & present Status. Fifth, we analyzed the current activities & Bangladesh's top E-commerce platforms and their traffic. And finally, we discussed some challenges & policies required for E-commerce in Bangladesh. The article includes a literature review on the idea of ecommerce as well as secondary data analysis on e-commerce in Bangladesh.

The Impact of Cyber Crime on E-Commerce

International Journal of Intelligent Computing and Information Sciences

Although E-Commerce has increased during the last years around the world, many users, especially in developing countries, do not trust E-Commerce to complete their purchase. So, it is important to study the reasons that make the user does not trust E-Commerce and override any obstacles that may delay the expanding of E-Commerce and get its benefits. One of these obstacles is Cyber Crime. Cyber Crime has a serious effect on E-Commerce, not only because it causes big losses in E-Commerce, but also it is one of the important reasons that makes users do not trust E-Commerce. In this paper, we will study the impact of Cyber Crime on E-Commerce from the user's point of view. The opinions of sample users are collected by using a questionnaire. The analysis of the questionnaires illustrates that not only falling as a Cyber Crime victim has a bad impact on E-Commerce, but also the fear of Cyber Crime makes users distrust E-Commerce to complete their purchase.

Development Ambit of E-Commerce in Bangladesh A Study on Dhaka City Area

IJSREM, 2023

The study's primary goal is to examine the scope, difficulties, and risks of e-commerce in Bangladesh as well as its development aspects. The study makes use of survey results and SWOT analysis. strategy and a case study of two top-performing e-commerce company’s establishments in Bangladesh. Secondary data are also used in the study. by doing a thorough literature study. It indicates that there is a fantastic Bangladesh's potential for ecommerce with rising public awareness, e-commerce infrastructure, security, and conversion to internet shopping from traditional retail. It examines the popularity of online purchasing and how it time-saving qualities, security, and convenience. The research went on. demonstrates that the product's quality, consumer deceit, and a lack of Some e-commerce sites lack sufficient cyber protection and availability of products, a banking facility, and the primary obstacles to the growth of ecommerce in Bangladesh are requirements.

E-Commerce In A Developing Country Like Bangladesh: Philosophy And Reality

2012

E-commerce has a significant impact on business costs and productivity. The Internet has opened up a new horizon for trade and commerce, namely electronic commerce (ecommerce) has a chance to be widely adopted due to its simple applications. Thus it has a large economic impact. It gives the opportunity for "boundary crossing" as new entrants, business models, and changes in technology erode the barriers that used to separate one industry from another. This increases competition and innovation, which are likely to boost overall economic efficiency. However, e-commerce is considered as close substitute for the conventional on-shop transaction keeping in mind the premises that different types of media (print, audio, video, telephone, computer based communication system, etc.) are synchronized in the delivery process in buying and selling system. Of course, in this age of information super highway , nobody can challenge the possibility that effective and quality services can be offered through different types of modern mediawithout any real shopping place. Real shopping centre can be substituted by the virtual market environment. Now a question frequently strikes our mind: "Is the realities in the developing countries like Bangladesh, where access to modern technologies is very limited, meet the philosophy of ecommerce?" This paper aims at examining whether there is any gap between the philosophy of the e-commerce and the reality in the developing countries like Bangladesh and identifies the factors lies behind this gap. Then suggests some measures to be taken to minimize the gap.

A Social Review on Nature & Reason of Cyber-Crime and the Laws Regarding Prevention in Bangladesh

This paper tries to identify the nature, reason and prevention laws of cybercrime in Bangladesh. The study followed the qualitative technique and data collected from secondary sources. Cybercrime is a worldwide social phenomena in present technological era as the scientists, engineers and law enforcing agencies are getting very serious regarding security and safety of mass use of technological apparatus specially computer and internet. It covers such a broad scope of criminal activity; the examples above are only a few of the thousands of crimes that are considered cybercrimes. While computers and the Internet have made our lives easier in many ways, it is unfortunate that people also use these technologies to take advantage of others in unfair ways. Even after taking many protective and preventive measures, the crime is out of controlled. Therefore, it is smart to protect yourself by using antivirus and spyware blocking software and being careful where you enter your personal information. Overall cyber means committing any crime by using computer, information technology or any act which is forbidden by law. The study may help the policy makers and government personnel who take initiative to protect and prevention the crime of a society.