Answer:
C. A higher risk of financial data theft
Step-by-step explanation:
In Business, e-commerce can be defined as a business model which involves the buying and selling of goods or products over the internet.
Generally, e-commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Business to Consumer (B2C).
3. Business to Government (B2G).
4. Consumer to Consumer (C2C).
Generally, in e-commerce the producer creates an online store where various customers can access to choose and purchase the products they like. Thus, the payment for this type of transaction is primarily or mainly done over the internet through the use of internet banking using credit or debit card details.
Hence, a disadvantage of shopping online is a higher risk of financial data theft because the customers are required to provide their credit or debit card details which if not done securely or kept safe by the merchant, it may be compromised and as such giving unauthorized access to online hackers.