e-Law and Risk Management

Course Description

This course examines the process of risk management in the multifaceted e-business context. Operational, financial, legal, strategic, and technical aspects of risk management are analyzed. Students will be exposed to emerging and global issues in e-commerce risk management. Each student will prepare a risk management assessment of an existing e-business.

Topics and Objectives

Foundations of e-Law and Risk Management

• Define risk in the context of e-business.
• Determine why risk management assessment is essential in e-business.
• Evaluate a risk management assessment framework.
• Determine the unique jurisdictional issues in an e-business environment.

Strategic Risk Management

• Analyze the unique contractual issues associated with an e-business.
• Analyze the unique taxation issues associated with an e-business.
• Assess strategic business risks - e.g., matching technological opportunities to your firm's competitive position.
• Apply a risk assessment framework to analyze technological risk mitigation strategies.

System Security and Tort Issues

• Identify and distinguish between common law torts for invasion of privacy and major federal laws that regulate privacy in cyberspace.
• Analyze the continuing tension between various government attempts to regulate content on the Internet and freedom of speech.
• Apply risk management strategies to ensure that an e-business site does not violate privacy, defamation, and obscenity guidelines.
• Analyze the legal, financial, and operational consequences of technological deficiencies.

Business Transaction Process Security Issues

• Evaluate applications of confidentiality, authenticity, and integrity to Internet communications and information security.
• Analyze the types and risks of computer crimes and the related strategies for safeguarding an e-business.
• Evaluate the importance of Internet security standards when integrating e-commerce systems.
• Critique current security protocols used for e-business transactions (e.g.,
• Secure Electronic Transaction and Secure Socket Layer).

Intellectual Property and Jurisdictional Issues in the e-Business Environment

• Distinguish between the forms of Intellectual Property pertinent to e-business.
• Analyze the use and misuse of Intellectual Property in an e-business environment.
• Determine the potential jurisdictional issues and risk management considerations in an e-business transaction.

Emerging Issues in e-Business Risk Management

• Appraise the various Internet standards applicable to an e-business.
• Assess global e-business implications of the international marketspace.
• Prepare a comprehensive e-business Risk Management Assessment.
• Determine the ethical implications of e-business decision making.
• Evaluate the regulatory issues in interstate and international e-business.