Indian Journal of Science and Technology

Abstract

OwingtoInformationandthemobilerevolution,e-business has become the most important element of modern management. E-business has the advantage that an organization can conduct its own business efficiently and effectively at relatively lower cost; however, it also carries the risk of affecting the survival of the entire organization. As the number of clients who use Internet and enterprises entering e-business is increasing, various risk factors have shown constant recurrence, and their importance is inevitably increasing. Although studies on e-business risks have been actively conducted since the mid1990s, there have been limits in applying them in practical work as only few of them have focused on the e-business risk factors of small and medium-sized enterprises and their management methods. Therefore, this study intends to analyze the challenges by classifying the existing studies based on the risk factors and suggesting directions for future studies.
Keywords: E-Business, E-Business Risk, Information Technology Risk, Management Risk, Platform Business Risk