European Online B2B Trading Hampered By Security Worries

The growth of online business-to-business (B2b) trading Europe is being hampered by legal worries, according to a new report from Forrester Research. The study found that there is currently insufficient security legislation in Europe that applies to corporate users. E-marketplaces, for example, are not required to run online security layers or even to guarantee that their trading spaces are secure. As a result, Forrester recommends a culture of self-regulation when businesses are making online transactions with one another. The study also urges business to push for better security legislation in e-marketplaces.