Journal of New Approaches in Management and Marketing

Application of cloud computing in banking and electronic commerce: advantages, challenges and security threats

Document Type : Review Article

Authors

mehdi Alinejad Saruklai 1
Ahmad Hasanpour 2

1 Assistant Professor of Accounting Department, Tabriz Branch, Islamic Azad University, Tabriz, Iran

2 Accounting PhD student, Department of Accounting and Management, Tabriz Branch, Islamic Azad University, Tabriz, Iran

https://doi.org/10.22034/jnamm.2023.423050.1021
Abstract
With the development of the Internet and its applications, Internet banking has been proposed as an effective and efficient way to provide services to customers. At the end of the previous decade, cloud computing has been considered as a revolution in the use of the Internet, which has had a great impact on the ways of providing services. In terms of improving services based on customer needs, cloud computing has been a major movement in the service of information and is one of the most powerful inventions that has captured the curiosity of technologists around the world. Cloud computing has many advantages, but it also has many security risks that cannot be ignored by any organization. For the successful adoption of cloud computing in a company, proper planning and awareness of emerging risks, threats, vulnerabilities and potential solutions are necessary. Consequently, determining the most effective solution guidelines for enhancing cloud security has become important for all cloud operations. This research is investigating and evaluating the most significant advantages, challenges, risks of network security and data security in cloud systems based on literature review. As many businesses have promoted and marketed virtualized environments as a solution to current security concerns, a deeper look reveals that virtualization adds additional software to the network system that, if poorly constructed and deployed, can have a negative impact on security.

Keywords

Cloud computing
e-commerce
banking
ubiquitous network
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Journal of New Approaches in Management and Marketing
Volume 1, Issue 1 - Serial Number 1
March 2023
Pages 109-119

  • Receive Date 30 August 2022
  • Revise Date 18 October 2022
  • Accept Date 01 December 2022

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