The Effect Of Cyber-Crime On E-Commerce: A Model For SMS In Somalia.

The use of technology is now standard across many functions in our company. Due to its
pervasiveness, businesses have adapted to provide customers with innovative goods and services and have created customer-centric business models to reach their target market with goods and services that cater to their needs. Since technology is now a necessity, a vulnerability has developed that affects the availability, confidentiality, and integrity of information in enterprises.
Due to their business models, SMEs typically lack the ability to put mechanisms in place to prevent or defend against assaults on their assets, making the majority of their assets susceptible to cyber-attacks. These attacks target SMEs, which has led to either a significant loss of businesses or the closure of several SMEs. This study makes it clear that SMEs must be treated differently from a huge group of corporates in terms of cybercrime security. Organizations must evaluate the losses and harm caused by cybercrime after an attack. While large firms have the tools to identify these losses, SMEs lack these tools and frequently overlook the necessity to put in place efficient information security procedures. This study focuses on the several cyberattacks to which SMEs are exposed. Additional research was conducted on the various cybercrime models that businesses employ to thwart online attacks. The majority of the current cybercrime approaches are unspecific to SMEs and are reactive after a cyberattack has been committed. In order to gather information about cybercrime attacks from diverse SMEs, this study used both
qualitative and quantitative research approaches. The results made it very evident that most SMEs do not prioritize or allocate adequate resources to protect themselves from cyberattacks despite being targets of ongoing attacks. The SMEs largely rely on their friends or the internet for information on cyberattacks because they have little to no experience combating cybercrime.
The development of the cybercrime model for SMEs, which emphasizes preventive, detective, and reactive tactics in the fight against cybercrime, was made possible with input from the existing models, secondary sources, and gathered data. There is also an emphasis on the government and how it can step up and support SMEs, particularly with the usage of the CERT systems in place, which allow SMEs to receive guidance and support in the case of a cyberattack based on their nature. As a result, SMEs will be able to downsize their workforce and rely more on the government’s advice and assistance with cybercrime-related activities.