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Modelling Secure and Fair Electronic Commerce

Proc. 14th Annual Computer Security Applications Conference, Phoenix, Arizona, Dec. 7-11, 1998. IEEE Computer Society Press. Modelling Secure and Fair Electronic Commerce Alexander W. Röhm, Günther Pernul, Gaby Herrmann Department of Information Systems University of Essen, Germany {roehm | pernul | herrmann}@wi-inf.uni-essen.de Abstract in the electronic market which could endanger all the Security and fairness in business transactions are basic benefits of EC. Security and fairness is necessary for all requirements demanded by any participant in electronic market participants. A supplier will not offer his goods if, markets. In this paper we propose COPS as an for example, secure payment is not guaranteed. The same infrastructure for building adaptable electronic markets is true for a demander. He will not participate if, for with main focus on security and fairness and MOSS as a example, delivery is not guaranteed after payment. Both methodology for analysing and modelling the security may not participate in the market if they are not treated semantics of business transactions. Both are necessary by the market infrastructure in a fair way and if privacy to control the risks involved in dealing (trading) with and confidentiality is not guaranteed in a business untrusted parties in an open electronic commerce transaction. For secure and fair EC it is essential to en

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