Accountancy for E-Business Enterprises Based on Cyber Security

Accountancy for E-Business Enterprises Based on Cyber Security

Yu Yang, Zecheng Yin
Copyright: © 2023 |Pages: 17
DOI: 10.4018/IJDWM.320227
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Abstract

E-businesses (EBEs) may commit legal offenses due to perpetrating cybercrime while doing the commercial activity. According to the findings, various obstacles might deter cybercrime throughout accounting. The study examined the present laws for accounting policy elements and determined those aspects that should be included in the administrative document for e-business enterprise accounting policies. E-businesses must avoid cyber-crime (CC), which has a detrimental influence on the company's brand and diminishes client loyalty to ensure their success. According to the study's findings, the use of information and control functions of accounting can help prevent cyber-crime in the bookkeeping system by increasing the content of individual internal rules. The authors intended to make online payments for EBE-CC as safe, easy, and fast as possible. However, the internet is known for making its users feel anonymous. E-commerce (EC) transactions are vulnerable to cybercrime, resulting in considerable money and personal information losses.
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Overview Of The E-Business Enterprises

E-enterprise has become a predictabledevelopment as the Internet and e-business environment have grown rapidly (Hamour et al., 2021). Based on this circumstance, e-management is only an idea (Attia, 2022). Globalization has made it impossible for any organization to lose contact with the global flow in today's economy and networks (Hashem et al., 2021). In the 21st century and beyond, e-technology and e-management have become the norm for businesses to adapt to the new economy and grow their core competencies or competitive advantages (Kabrilyants et al., 2021). A rising majority of enterprises are shifting their operations to the Internet (Suprapto, 2021). A worldwide audience and a larger market proportion are goals for certain companies (Wynn et al., 2021). Many view it as a method to improve efficiency and reduce expenses (Saffanah et al., 2020). Make sure that consumers understand what an e-business is before jumping on the bandwagon (Alshirah et al., 2021). Consumers must have faith in e-business as an alternative to conventional brick and mortar enterprises, not just in the short-term and over time (Xie et al., 2021). Businesses and governments alike have taken action to combat the rise of online crime and restore consumer confidence in using Web-enabled technology as a way to do business (Ravi et al., 2021). The term “cybercrime” refers to any illegal behavior using a computer, networked device, or online network. Some cybercrimes are committed not for financial gain but rather to cause harm to the victim's computer or another electronic device. Databases offer businesses a convenient way to store their records in one place, but that doesn't mean they should keep everything there. It is recommended to schedule daily or weekly backups of your company's data, depending on how busy things tend to be. Data loss due to cyber-attacks is common, but it can be mitigated with regular backups

Online storefronts and online marketplaces are two of the most common venues for doing e-business (Ziaran et al., 2021). There are advantages to these e-commerce solutions, and the best one will depend on the company and the target market (Hendra et al., 2021, Arun et al., 2022). Digital information and communication technologies can support and improve company operations under the umbrella of e-business (Muravskyi et al., 2021). When it comes to the online exchange of products and services, E-commerce is only a subset of e-business (Gosal et al., 2021). A business transaction that involves sharing data from the Internet is referred to as e-business (Sun et al., 2021). Businesses, organizations, and consumers all engage in commerce, which can be seen as one of the core operations of every company (Goraya et al., 2021). Consumers, organizations, and other businesses can connect with a firm through e-commerce, leveraging information and communication technologies. E-business, on the other hand, refers to online business. Inbound and outbound logistics, manufacturing, operations, marketing, sales, and consumer support are all carried out inside the value chain utilizing internal or external networks, depending on the organization's needs (Primarosan et al., 2021).

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