Barriers to Implementing ML for Cybercrime Prevention in\nOnline Retailing

Implementing machine learning (ML) techniques in E-commerce has increased as a decisive strategy for mitigating the growing surge of cybercrime. Online retailers can significantly improve their cybersecurity procedures by deploying ML potential to investigate large datasets and detect anomalies from fraudulent transactions. Despite its competency, ML adoption witnesses several obstacles, including technical difficulties, the requirement for significant investment in infrastructure, and regulatory compliance. By investigating these obstacles, organizations can build strategies to tackle them, allowing ML to safeguard online retail settings against cybercrimes. To better understand this phenomenon, we conducted semi-structured interviews with cybersecurity professionals in online retail. The findings reveal significant challenges, such as more quality data, updated systems, and an easy target for adversarial attacks. In addition, financial constraints, skills shortages, privacy and trust matters, and different organizational and technical barriers add more complications to ML adoption for online retailers.

Publication Details

Journal
Journal of the Association for Information Systems
Published
2024-11-19
Primary Topic
Imbalanced Data Classification Techniques
Type
article
Field-Weighted Citation Impact
0.00
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article

Barriers to Implementing ML for Cybercrime Prevention in\nOnline Retailing

Journal of the Association for Information Systems
Imbalanced Data Classification Techniques
article

Barriers to Implementing ML for Cybercrime Prevention in\nOnline Retailing

article en

Abstract

Implementing machine learning (ML) techniques in E-commerce has increased as a decisive strategy for mitigating the growing surge of cybercrime. Online retailers can significantly improve their cybersecurity procedures by deploying ML potential to investigate large datasets and detect anomalies from fraudulent transactions. Despite its competency, ML adoption witnesses several obstacles, including technical difficulties, the requirement for significant investment in infrastructure, and regulatory compliance. By investigating these obstacles, organizations can build strategies to tackle them, allowing ML to safeguard online retail settings against cybercrimes. To better understand this phenomenon, we conducted semi-structured interviews with cybersecurity professionals in online retail. The findings reveal significant challenges, such as more quality data, updated systems, and an easy target for adversarial attacks. In addition, financial constraints, skills shortages, privacy and trust matters, and different organizational and technical barriers add more complications to ML adoption for online retailers.

Journal of the Association for Information Systems
Industry, innovation and infrastructure
Openalex Percentile: Top 56%
Imbalanced Data Classification Techniques
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