Kristelle Anabelle A.

Malicdem BSBA MM IV-3

Prof. Neil B. Gamus e-Commerce

Reaction Paper The NET

1. The use of e-Commerce which is using information and communication technologies (ICTs) when having business transactions or the mere exchange of information was shown in the movie. One of the aspects of e-Commerce was seen in the movie when the main character, Angela Bennett, used Electronic Markets in her almost all of her activities in life. She purchases goods and other things through internet. She also just stays at home, does her job and then transmits her work electronically to her company. Her computers at home were connected to the computer system of her company. In that sense, Electronic Data interchange was applied. It is the standardized system of coding so that data will be used directly from one computer system to another. When it comes on using Information Technology and Information System, it was shown in the movie when the authority secures personal information and data and when one of the characters tracked the location of the cellphone. IT also used in the movie when the antagonist hacked ones computer system and data.

2. There are advantages and disadvantages when using Information Technology and Information System in manipulating personal data and information. With one click, all of the needed information, records and data in the database will be easily accessed. It makes accessing and retrieving data and information faster from one computer to another and communication becomes not so complicated. All in all, the good side of IT and IS if used to manipulate information is making and identifying data and information much easier, faster and simple. On the contrary, there are bad effects when IT and IS are misused. Since technology is very powerful and can be easily manipulated, all the personal data that was stored and recorded can be hacked then changed or deleted. With one click, you might have a bad image and then your life will be miserable. All of your real identity should not always be put in public. People should keep back-up files and learn how to manage carefully their data electronically.

3. Since technology as well the Internet is continuously developing and improving, the story in the movie might happen in real life. Businesses now have been using technology as part of their companys operation. They already created systems just like in the movie to transfer or transmit data and information easier and faster to other business and vice versa. If those advantages shown in the movie were happening in the real business world, bad effects of technology might also occur if it would not be properly manipulated.

4. Just like in the movie, there are also hacking in the real business world. Last July 25, 2013, Largest Hacking Fraud Case in History was reported in US. It is said that five Russians and a Ukrainian face federal criminal charges of hacking into the computers of major payment processors, retailers and financial institutions, stealing more than 160 million credit card numbers and causing hundreds of millions of dollars in losses. It is the largest such scheme ever prosecuted in the United States. Victimized firms ranged from 7-Eleven, Wet Seal and JetBlue to Visa Jordan, Diners Singapore and the Nasdaq stock market. Three corporate victims alone lost more than $300 million, and the alleged scheme caused immeasurable losses to the identity theft victims in costs associated with stolen identities and false charges, authorities in New Jersey said.