Overview
E-Commerce companies have become increasingly important in this era of global pandemics and resulting restrictions on businesses and individuals. Consumers are ordering products online in larger
numbers than ever before due to business closures or restricted operating hours. Companies positioned in the e-Commerce industry are experiencing growth beyond previous predictions. But, at the same time, some E-commerce companies are seeing their business decline drastically due to travel restrictions
and the reluctance of businesses and individuals to travel for any but the most critical of reasons. Added into the risk picture are risks from the actions of cybercriminals, hackers, and nation-state actors are taking advantage of these unsettled times resulting in increased risks for companies whose business
models depend upon the Internet for financial transactions, orders, and communications both internal and external. For a company considering an expansion into e-Commerce there can be an increased number of risks overall especially in the areas of information technology and online ordering.
For this project, you will prepare a Risk Analysis to be presented to the governance board
(executives and senior managers) at Bay & Shore General Store. After their approval, the Risk Analysis will be sent to the company’s bankers as part of a loan application package for the planned e-Commerce
Overview E-Commerce companies have become increasingly important in this era of
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