E-Commerce Security and Honesty-Credit

E-Commerce Security and Honesty-Credit

Guoling Lao (Shanghai University of Finance & Economics, China)
DOI: 10.4018/978-1-60566-132-2.ch005
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E-commerce mode aggravates information asymmetry so that honesty-credit problems become more serious. This chapter discusses the honesty-credit issue and honesty-credit system construction in e-commerce. It argues that the honesty-credit issue belongs to e-commerce security problems to some extent since it also destroys information integrity, confidentiality, and availability. The study of honesty-credit issue in e-commerce will help to promote social culture development as well as improve e-commerce security. Basing on analysis of three game models, the article suggests the construction of social honesty-credit system mainly include four aspects: cultivate citizens’ sense of honesty-credit, strengthen legislation, build mechanism of third-party authentication and regulate third-party service industry. At the end of the chapter, the case of Shanghai honesty-credit system construction of is introduced to describe China honesty-credit status.
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Background Definition Of Honest-Credit

The so-called honesty-credit, defined from the literal interpretation is “honest and trustworthy”. Narrow definition for the honesty-credit is the definition composition of honesty and credit, which can be interpreted as honesty and compliance with the commitments. Generalized definition of honesty-credit involves almost all of contents of “honesty” and “credit”, giving a broader and more comprehensive content to honesty-credit from the inner moral virtues to the outer behaviors of the entity. In e-commerce, honesty-credit mechanism includes honest behavior and credit system two aspects, among which, honest behaviors promise the basis and premise for various economic activities to carry out smoothly and orderly (Yu et al, 2006).

Honesty-credit as a virtue has a long history in China. The ancient people think honesty-credit is an important character for man to be a man. The Analects of Confucius and Mean as well as other famous works all refer to the concept and some also give explanations and clarifications, thinking man should consciously accept this moral constraint and try best to adhere to ethics. Honesty-credit, as a favorable moral atmosphere, has close relationship with the enterprise’s commercial reputation and value as well as personal values and moral cultivation in modern society. Which reflected to the market environment is orderly, transparent and reliable transaction relationship among trade parties. Here the essential meaning of honesty-credit contains sincerity, honesty, honoring commitments and no fraud.

Key Terms in this Chapter

Personal Trust: Refers the specific trust of some person, such as relatives, natives. Personal trust limits to a relatively small interpersonal area, and along with the expansion of transaction radius and individual flows, the costs of confidence identification and monitor rise sharply so that it must turn to system trust.

E-Commerce Honesty-Credit Problems: These problems indeed belong to e-commerce security problems caused by the lack of honesty-credit, since these problems ultimately affect the financial information and asset security in e-commerce transactions, and have no essential difference with definition of e-commerce security only except that main factors turn from network technology to the issue of honesty-credit.

E-Commerce Certification Authority (CA): Is a kind of third-party agency proving online authentication, digital certification issuance and management and other services for participants of electronic transactions.

Breach of Contract: Breach of contract referred here is a relatively broad concept, including not only the default that parties in transaction fail to fulfill their commitments but also non-compliance to provisions of contracts.

Honesty-Credit: Narrow definition for the honesty-credit is the definition composition of honesty and credit, which can be interpreted as honesty and compliance with the commitments. Generalized definition of honesty-credit involves almost all of contents of “honesty” and “credit”, giving a broader and more comprehensive content to honesty-credit from the inner moral virtues to the outer behaviors of the entity.

System trust: Means the confidence to a system composed of anonyms. The legal structure based on system trust is a kind of rule-based governance.

Credit Information Investigation System: Refers a system constituted by the credit laws and regulations, organizations, market management, culture cultivation, publicity and education which are related to credit investigation activities.

Complete Chapter List

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Editorial Advisory Board
Table of Contents
John Walp
Manish Gupta, Raj Sharman
Chapter 1
C. Warren Axelrod
This chapter examines the impact of catastrophes on information security and suggests who might have responsibility for maintaining an appropriate... Sample PDF
Responsibilities and Liabilities with Respect to Catastrophes
Chapter 2
David Porter
This chapter discusses the latest developments in the shifting threat landscape and their impact on the world of information security. It describes... Sample PDF
The Complex New World of Information Security
Chapter 3
Ahmed Awad E. Ahmed
In recent years, many studies have highlighted the unprecedented growth in security threats from multiple and varied sources faced by corporate, as... Sample PDF
Employee Surveillance Based on Free Text Detection of Keystroke Dynamics
Chapter 4
Arunabha Mukhopadhyay, Samir Chatterjee, Debashis Saha, Ambuj Mahanti, Samir K. Sadhukhan
An online business organization spends millions of dollars on firewalls, anti-virus, intrusion detection systems, digital signature, and encryption... Sample PDF
E-Risk Insurance Product Design: A Copula Based Bayesian Belief Network Model
Chapter 5
Guoling Lao
E-commerce mode aggravates information asymmetry so that honesty-credit problems become more serious. This chapter discusses the honesty-credit... Sample PDF
E-Commerce Security and Honesty-Credit
Chapter 6
Zhixiong Zhang, Xinwen Zhang, Ravi Sandhu
This chapter addresses the problem that traditional role-base access control (RBAC) models do not scale up well for modeling security policies... Sample PDF
Towards a Scalable Role and Organization Based Access Control Model with Decentralized Security Administration
Chapter 7
Chandan Mazumdar
There has been an unprecedented thrust in employing Computers and Communication technologies in all walks of life. The systems enabled by... Sample PDF
Enterprise Information System Security: A Life-Cycle Approach
Chapter 8
Peter O. Orondo
Most companies would agree that securing their information assets is worth some investment. It is thus plausible to assume that low levels of IT... Sample PDF
An Alternative Model of Information Security Investment
Chapter 9
George O.M. Yee
The growth of the Internet is increasing the deployment of e-services in such areas as e-commerce, e-learning, and e-health. In parallel, the... Sample PDF
Avoiding Pitfalls in Policy-Based Privacy Management
Chapter 10
Supriya Singh
Enabling customers to influence the way they are represented in the bank’s databases, is one of the major personalization, responsiveness, and... Sample PDF
Privacy and Banking in Australia
Chapter 11
Madhusudhanan Chandrasekaran, Shambhu Upadhyaya
Phishing scams pose a serious threat to end-users and commercial institutions alike. E-mail continues to be the favorite vehicle to perpetrate such... Sample PDF
A Multistage Framework to Defend Against Phishing Attacks
Chapter 12
Ghita Kouadri Mostefaoui, Patrick Brézillon
In recent years, the security research community has been very active in proposing different techniques and algorithms to face the proliferating... Sample PDF
A New Approach to Reducing Social Engineering Impact
Chapter 13
Yang Wang
Privacy-enhancing technologies (PETs), which constitute a wide array of technical means for protecting users’ privacy, have gained considerable... Sample PDF
Privacy-Enhancing Technologies
Chapter 14
Douglas P. Twitchell
This chapter introduces and defines social engineering, a recognized threat to the security of information systems. It also introduces a taxonomy... Sample PDF
Social Engineering and its Countermeasures
Chapter 15
Tom S. Chan
Social networking has become one of the most popular applications on the Internet since the burst of the dot-com bubble. Apart from being a haven... Sample PDF
Social Networking Site: Opportunities and Security Challenges
Chapter 16
James W. Ragucci, Stefan A. Robila
Fraudulent e-mails, known as phishing attacks, have brought chaos across the digital world causing billions of dollars of damage. These attacks are... Sample PDF
Designing Antiphishing Education
Chapter 17
Serkan Ada
This chapter discusses the recent theories used in information security research studies. The chapter initially introduces the importance of the... Sample PDF
Theories Used in Information Security Research: Survey and Agenda
Chapter 18
Samuel Liles
Information assurance education is an interdisciplinary endeavor that only when taken as a holistic and inclusive educational activity can be... Sample PDF
Information Assurance and Security Curriculum Meeting the SIGITE Guidelines
Chapter 19
Gary Hinson
This chapter highlights the broad range of factors that are relevant to the design of information security awareness programs, primarily by... Sample PDF
Information Security Awareness
Chapter 20
Nick Pullman, Kevin Streff
Security training and awareness is often overlooked or not given sufficient focus in many organizations despite being a critical component of a... Sample PDF
Creating a Security Education, Training, and Awareness Program
Chapter 21
E. Kritzinger, S.H von Solms
This chapter introduces information security within the educational environments that utilize electronic resources. The education environment... Sample PDF
Information Security Within an E-Learning Environment
Chapter 22
Donald Murphy, Manish Gupta, H.R. Rao
We present five emerging areas in information security that are poised to bring the radical benefits to the information security practice and... Sample PDF
Research Notes on Emerging Areas of Conflict in Security
Chapter 23
C. Orhan Orgun
This chapter develops a linguistically robust encryption system, LunabeL, which converts a message into syntactically and semantically innocuous... Sample PDF
The Human Attack in Linguistic Steganography
Chapter 24
Sérgio Tenreiro de Magalhães, Kenneth Revett, Henrique M.D. Santos, Leonel Duarte dos Santos, André Oliveira, César Ariza
The traditional approach to security has been the use of passwords. They provide the system with a barrier to access what was quite safe in the... Sample PDF
Using Technology to Overcome the Password's Contradiction
Chapter 25
Antonio Cerone
Reducing the likelihood of human error in the use of interactive systems is increasingly important. Human errors could not only hinder the correct... Sample PDF
Formal Analysis of Security in Interactive Systems
Chapter 26
Tejaswini Herath
It is estimated that over 1 billion people now have access to the Internet. This unprecedented access and use of Internet by individuals around the... Sample PDF
Internet Crime: How Vulnerable Are You? Do Gender, Social Influence and Education play a Role in Vulnerability?
Chapter 27
Jarrod Trevathan
Shill bidding is where spurious bids are introduced into an auction to drive up the final price for the seller, thereby defrauding legitimate... Sample PDF
Detecting Shill Bidding in Online English Auctions
Chapter 28
Carsten Röcker, Carsten Magerkurth, Steve Hinske
In this chapter we present a novel concept for personalized privacy support on large public displays. In the first step, two formative evaluations... Sample PDF
Information Security at Large Public Displays
Chapter 29
Yuko Murayama, Carl Hauser, Natsuko Hikage, Basabi Chakraborty
The sense of security, identified with the Japanese term, Anshin, is identified as an important contributor to emotional trust. This viewpoint... Sample PDF
The Sense of Security and Trust
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