E-Commerce - Boom or Bust?

Dotcom trading is enjoying a boom, but its future depends on maintaining consumer trust. Lindsay Nicolle reports on the threats to confidence in online security:
"Like the Wild West, the internet has been largely tamed. But it still has more than its fair share of bandits. And today, they not only want your money, but your identity too. Online internet identity theft could be the next major high-tech crime wave to hit the UK, and the backwash in falling consumer confidence could create problems for even major retailers and banks."
So where does that leave the long-term viability of online retailers? Are we facing a potential internet crisis where consumers withdraw to the point that online will always be a secondary channel for business?
By all accounts, the weather pattern looks stormy. UK internet users are recklessly giving away too much personal information, inviting the rapidly rising crime of online identity theft, according to a poll by Winmark Research. As traditional identity theft, such as credit card fraud, becomes more difficult because of security initiatives such as chip and Pin, criminals are looking for new ways to conduct fraud.
…