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Online Security: A Human Perspective
from  Oracle

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White Paper

Description:
Businesses on average lose about 1.4% of their annual revenues to security incidents associated with cyber-fraud. It is not surprising that many consumers now view shopping online as a precarious experience. This white paper summarizes the findings from a research into online consumer behavior and outlines the proper mechanisms for introducing security measures to streamline security and improve end-user experience.

Oracle White Paper Sample

Our research demonstrates that vendors can suffer greatly if they do not carefully consider how online security and authentication is handled. Dissatisfaction with existing measures is holding back the online retail industry, inhibiting many businesses in their ability to grow market share, increase service costs, and improve brand value.

The research highlights how cumbersome and unintuitive authentication processes often impede consumers in their ability to make purchases. If that’s not sufficient cause for concern, retailers should note that irritated customers tell others about their negative experience, both inperson and online. Needless to say, with the advent of social networking, disgruntled customers can reach much larger audiences than before. While it is difficult to quantify the brand damage, that it is occurring is unequivocal.

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