The document discusses security issues and risks facing the e-commerce industry. It covers fundamental security requirements like privacy, integrity, authentication, and non-repudiation. Examples are given of security breaches like a data theft from an Irish jobs website. Different types of technical attacks are outlined such as denial of service attacks, brute force attacks, and distributed denial of service attacks. Non-technical threats like phishing and social engineering are also discussed. The conclusion states that the e-commerce industry faces ongoing security challenges due to increasing attacker knowledge and novel strategies, and recommends multi-layered security, privacy policies, and strong authentication/encryption to minimize risks.