Increased risk due to anonymity and non-traceability of parties

Internet transactions take place between cyber personalities, so it becomes difficult to establish the identity of the parties — and one may not even know the location from which the other party is operating. This makes transacting over the internet inherently riskier. e-business also carries the added hazards of impersonation (someone else transacting in your name) and leakage of confidential information such as credit …