The Security Challenges Facing Electronic Commercial Remittance Work and Ways to Confront Them

Abstract

Some difficulties affect the effectiveness of the role performed by electronic commercial remittance, and these difficulties are related to the electronic method through which it is initiated and processed. Information technology has played a significant role in the development of commercial remittance, yet at the same time, it could hinder it if proper protection and security measures are not in place. This can be attributed to the possibility of errors occurring, whether these errors are due to the individuals’ entering data, technical malfunctions, or other reasons. There is also the possibility of tampering, destruction, and theft, which hinders the acceptance of electronic commercial remittance. However, there are ways to overcome the security difficulties facing electronic commercial remittance, which will be highlighted to address these challenges.