ABSTRACT
Since the early times of commercial use of the Internet we have witnessed a revolution of business activities. In the ’70s and ’80s, the computer made its way into companies and became an integral part of business processes. Now the Internet has brought a completely new way to conduct business between business partners over electronic media. We see a massive adoption of Internet technology into everyday business, as well as innovative business models and new forms of markets. In fact, many organizations are exploiting the opportunities of Internetbased business solutions, and many more are expected to follow. But, in spite of well-publicized success stories, many businesses and consumers are cautious about
e-commerce, and security concerns are often cited as being the most important barrier. Even though the development is exciting in general, some restraints could — once removed — further the use of electronic media and thus make companies and whole economies more efficient.
