A firm hosts eCommerce transactions for other companies. The firm process credit purchases supporting major credit cards and is known as an inexpensive alternative to other large competitors. The firm is deploying new security software that is State-of-the-art for eCommerce. It should increase security while speeding up transactions because of new algorithms. Part 1.: List and discuss the major risk management functions from a management perspective for the eCommerce project. Part 2: Describe a positive and negative risk event, the related consequences, and the risk response plans for the eCommerce.
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