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E-Business Security and Safe Electronic Transactions
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E-Business Security and Safe Electronic Transactions

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Questions and Answers

What does encryption refer to in the context of e-commerce?

  • Converting incomprehensible text to human-readable plain text using a secret key
  • Converting human-readable plain text to incomprehensible text using a secret key (correct)
  • Converting human-readable plain text to incomprehensible text without a secret key
  • Converting incomprehensible text to human-readable plain text without a secret key
  • In e-commerce, what does integrity refer to?

  • Ensuring that all information is kept confidential and protected during transmission
  • Ensuring that all transactions are conducted safely and securely over the internet
  • Guaranteeing the integrity of the catalog to ensure the price in the catalog matches the price paid for the item (correct)
  • Verifying the identity of the person using the credit card and ensuring only subscribers can view the information
  • What is the main purpose of confidentiality in e-commerce?

  • Verifying the identity of the person using the credit card and ensuring only subscribers can view the information
  • Ensuring that all transactions are conducted safely and securely over the internet
  • Protecting confidential information, especially the credit card number, during transmission (correct)
  • Guaranteeing the integrity of the catalog to ensure the price in the catalog matches the price paid for the item
  • What is accountability in e-commerce concerned with?

    <p>Making sure that the person using the credit card is the owner of the card</p> Signup and view all the answers

    What is one of the risks associated with organizations performing e-commerce?

    <p>Exposing confidential information during transactions over the internet</p> Signup and view all the answers

    What is the process of converting cipher text to human-readable plain text known as?

    <p>Decryption</p> Signup and view all the answers

    Which type of encryption encodes messages using mathematically related numeric keys: a public key and a private key?

    <p>Asymmetric encryption</p> Signup and view all the answers

    What type of function are hash algorithms?

    <p>One-way functions</p> Signup and view all the answers

    Which protocol provides secure information transfer through the Internet?

    <p>SSL</p> Signup and view all the answers

    What is the process of extracting patterns from data called?

    <p>Data mining</p> Signup and view all the answers

    Study Notes

    E-commerce Security Concepts

    • Encryption in e-commerce refers to the process of converting plaintext data into unreadable ciphertext to protect it from unauthorized access.
    • Integrity in e-commerce ensures that data transmitted between the sender and receiver remains unchanged and unaltered.

    Confidentiality and Accountability

    • The main purpose of confidentiality in e-commerce is to protect sensitive information, such as credit card numbers and personal data, from unauthorized access.
    • Accountability in e-commerce is concerned with ensuring that individuals or organizations are responsible for their actions and can be traced back in case of any security breaches.

    Risks and Encryption

    • One of the risks associated with organizations performing e-commerce is the loss of sensitive data due to inadequate security measures.
    • The process of converting ciphertext to human-readable plaintext is known as decryption.

    Encryption Types and Hash Algorithms

    • Asymmetric encryption, also known as public-key encryption, encodes messages using mathematically related numeric keys: a public key and a private key.
    • Hash algorithms are a type of one-way function that takes input data of any size and returns a fixed-size string of characters, known as a message digest.

    Secure Information Transfer

    • The Secure Sockets Layer (SSL) protocol provides secure information transfer through the Internet by encrypting data transmitted between the client and server.

    Data Analysis

    • The process of extracting patterns from data is called data mining.

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    Description

    Test your knowledge on e-business security and safe electronic transactions with this quiz. Explore principles guiding secure electronic transactions and protocols in place to provide safety for those involved in e-commerce.

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