Security fears hold back spread of online business_3
18 July 2012
A lack of faith in online security is holding back e-procurement, according to a survey from consultancy firm Pricewaterhouse-Coopers (PwC).
More than a third of the 400 businesses surveyed said that they were reluctant to trade because of transactional and security fears. And more than two-thirds claimed they would deal online only with a firm with which they had a “bricks and mortar” relationship.
These concerns were well-founded. Nine per cent of advanced users of e-procurement had encountered...