The various risks involved in online transactions are:

I. Transaction Risks:

• Default on Order Giving or order taking: Default on order giving or order taking is one of the transaction risks associated with e-business. 
• Default on Order Giving or Order Taking: Default on order giving or order taking is one of the transaction risks associated with e-business. 
• Default on Payment: Default on payment is yet another transaction risk. The customer may claim that the payment was made, but the seller might not have got the payment for the goods supplied.

II Data Storage and Transmission Risks: Data storage and transmission risks also are involved in e-business.

Data stored by computer systems is exposed to several risks. Those risks are:

• People may steal or distort the data for selfish motives or just for fun. 
• VIRUS (Vital Information under Siege) and hacking are well known threats.

The data storage and transmission risks can be controlled by installing anti-virus programmes and updating them from time to time.

III. Risks to Intellectual Property and Privacy: Internet is a open space, anybody can copy the data and supply it to others. Lot of advertising and promotional literature may be dumped into our email box. Such junk mail is a great problem. E-business can succeed only when both buyers’ and sellers trust the system of exchange. This trust can be generated by ensuring security of e-business transactions.