Security Bites: Matter of trust

Growth engine: E-commerce is critical to the ­development of the Malaysian ­economy, especially for ­creating employment opportunities in ­manufacturing, transport, retail, ­telecommunications and tourism.

In a virtual world where everyone is a target, how can companies build trust with consumers?

Today’s consumer is confronted by a myriad of different online commerce opportunities, ­choices and decisions. Based on a research study done by PayPal, Malaysia’s e-commerce market is expected to grow to RM5bil this year, fuelled by the increasing ­popularity of online shopping and higher Internet ­penetration rate.