THREATS IN E-COMMERCE. Different attaks over internet and various cases in past.

1. RISK AND THREATS INVOLVED IN E-COMMERCE.
PRESENTED BY:
RAVI DOSHI
KINJAL SHAH
RACHNA MISHRA
FIRDAUS KHAN
CHIRANJEEV NIMBKAR

2. INTRODUCTION:
 Buying and selling of products and services over electronic systems.
 Wide variety of e-commerce conducted:
• electronic funds transfer.
• Internet marketing.
• online transaction processing .
• electronic data interchange (EDI).
• inventory management systems.
• automated data collection systems.
 E-Commerce system must meet four integral requirements:
• privacy – information exchanged must be kept from unauthorized parties.
• integrity – the exchanged information must not be altered or tampered with.
• authentication – both sender and recipient must prove their identities to each other.
• non-repudiation – proof is required that the exchanged information was indeed received.

3. Types of threats in E-COMMERCE:
 Client Threats:
• Virus
• Trojan horse
• Worm
 Server Threats:
• Modification on server data.
• Modification of incoming data.
• Bugs in server software.
 Communication channel threats:
• Sniffer program
• Backdoor
• Spoofing

4. ATTACKS:
 Technical attacks:
• Denial of Service Attacks.
• Teardrop Attack.
• Distributed Denial-of-Service Attacks.
• Brute Force Attacks.
 Non-Technical Attacks:
• Phishing Attacks.
• Social Engineering.

5. Dealsdilki E-commerce portal directors arrested in cheating
case (Jan 31, 2017):
 Two directors of a Delhi-based e-commerce portal arrested for cheating a senior zonal head
manager for Rs. 5.12 lakhs.
 Received e-mail from sales@dealsdilki.com that he won a 'Honda Amaze' car for doing online
shopping from their website.
 Promised him a delivery of ‘HONDA AMAZE’ car as a lucky draw winner.
 Asked him to pay only for the registration and delivery charges for receiving the car. Believing it
to be true, initially he paid Rs 2499.
 Lady tele-callers made him to transfer money for charges like insurance, colour, handling
charges, facilitation fee, etc.
 Paid approximately Rs. 3.18 lakhs till then.
 Phone calls to reclaim the already paid amount and paid more Rs. 1.93 lakhs.
 Later realised that he was cheated and lodged a complaint.

6. PREVENTION and SUGGESTION:
 Verification to be done by third party.
 Not everything which is displayed online can be true.
 Not so easy to get a car over a phone call.
 He should have verified the mail that he received initially.
 Check with other people , have they received same type of email or not.

7. How Flipkart got conned by a Punjab gang via ‘easy return
policy(Mar 02, 2016):
 A gang here exploited the easy-return policy.
 Cheat the company of at least Rs 25 lakh.
 Created fake email IDs and booked orders.
 They would order only costly mobile phones.
 When these were delivered, would call up the company to complain about
quality issues.
 To the representatives sent to collect these handsets, they would hand
over fake mobile phones in the box.
 The money paid through different banks would come back to their
accounts before the goods reached the dealer.

8. How flipkart overcome this fraud?
 Whenever a customer contacts us to return any item, we credit the money into
his account immediately and check the item later when it gets to us within a
week. In this case, a number of complaints from the same area prompted them
to call the cops.
Our take on the same:
 Changes in the return policy.
 Check the product before returning the money.
 Limited returns to be made by per customer in a month.

9. Social Trade Biz Scam
 Social Trade Biz is an India based Social Network Exchange company which
emerged a few months back and advertised to the people to make money online
easily without any efforts.
 sign up for free
 pay them Rs.5,750 to Rs.57,500 depending upon packages.
 Good ROI.(Return on investment)
 More social activities = more money.

10. Lessons to Learn from Social Trade Biz Scam
 There is no easy or free money available anywhere on the Internet.
 Initially, the company may pay you few bucks, but you cannot take your complete
payment from them. It is not difficult for them to pay Rs.5,000 for 3 months from
your Rs.50,000 investment. Think that they profited remaining Rs.35,000, will not
pay you after 3 months and will shut down their company.
 Verification to be done by third party
 Not everything which is displayed online can be true

11. Man who ripped off Flipkart arrested (Oct 2, 2015)
 Duped E- Commerce giant Flipkart by stealing valuable parts of electronic
goods.
 Veeraraghava Reddy used to give fake addresses while placing orders
online.
 Returning gadget claiming it was faulty.
 The company reportedly suffered a loss of Rs seven lakh.

12. SUGGESTIONS:
 Before shipping the product, take note of the product’s serial number or
take a picture of any such unique identifying features. This will come in
handy if the buyer has returned a different/used piece.
 Real time response on the products that are returned.
 Taking strict action against such scam at initial level.

13. Anubhav Mittal, the techie who allegedly duped lakhs of
people into investing 3,700 crore in his Noida start-up.
 The firm promised to pay 'clients' Rs. 5 every time they clicked on a link that one of
the many web portals that his firm sent them. But for this they had to invest a fixed
amount to be eligible.
 The company told them that it was still making a profit of Re 1 on the
clicks. However, the links sent to them were fake.
 The STF found over 6.5 lakh people had deposited over Rs. 3,726 crore in
the company's accounts using over 9 lakh IDs. That is an average
investment of Rs. 57,000.
 The firm wasn't really making any money but paying its investors out of their own
money.

14. SUGGESTIONS:
 Spot imposters. Scammers often pretend to be someone you trust, don’t
send money or give out personal information in response to an unexpected
request .
 Do online searches. Type a company or product name into your favorite
search engine with words like “review,” “complaint” or “scam.”
 Don’t pay upfront for a promise. Someone might ask you to pay in
advance for things like you’ve won a prize, but first you have to pay taxes
or fees. If you do, they will take the money and disappear.
 Sign up for free scam alerts from the FTC at ftc.gov/scams. Get the
latest tips and advice about scams sent right to your inbox.

18. CONCLUSION:

19. REFFERENCES:
• https://www.worldhab.com/social-trade-biz-reviews-scams-news/
• http://timesofindia.indiatimes.com/city/hyderabad/Man-who-ripped-off-Flipkart-
arrested/articleshow/49190108.cms
• http://www.ndtv.com/india-news/online-scam-noida-techie-duped-lakhs-of-3-700-
crore-1655736
• http://economictimes.indiatimes.com/news/politics-and-nation/dealsdilki-e-
commerce-portal-directors-arrested-in-cheating-case/articleshow/56896892.cms
• http://www.hindustantimes.com/punjab/punjab-gang-dupes-flipkart-of-rs-25-lakh-
figure-may-hit-crore-cops/story-GtM2sXj5crHjkMmxJvUShK.html
• http://timesofindia.indiatimes.com/city/delhi/Engineer-among-3-held-for-e-
commerce-fraud/articleshow/46857094.cms
• http://zeenews.india.com/mobiles/beware-its-a-scam-xiaomi-redmi-3s-32gb-at-just-rs-
599-on-amazon_1921658.html
• http://webscience.ie/blog/2010/security-issues-in-e-commerce/