Podcast
Questions and Answers
What are online stored value systems based on?
What are online stored value systems based on?
- Cryptocurrency balances held in wallets
- Digital currencies that are automatically generated
- Value stored in a consumer’s bank or credit account (correct)
- Assets stored in physical payment cards
Which of the following is an example of a Buy Now Pay Later (BNPL) service?
Which of the following is an example of a Buy Now Pay Later (BNPL) service?
- Google Pay
- SPayLater (correct)
- Apple Pay
- Venmo
What technology is commonly used in mobile payment systems for transactions?
What technology is commonly used in mobile payment systems for transactions?
- Multi-Factor Authentication (MFA)
- Blockchain technology
- Augmented Reality (AR)
- Near Field Communication (NFC) (correct)
Which mobile wallet app is classified as a universal proximity application?
Which mobile wallet app is classified as a universal proximity application?
What type of malware is primarily targeting Android devices among mobile platforms?
What type of malware is primarily targeting Android devices among mobile platforms?
In which regions is the use of mobile payment systems predominantly established?
In which regions is the use of mobile payment systems predominantly established?
Which of the following is NOT one of the threats faced by mobile platforms?
Which of the following is NOT one of the threats faced by mobile platforms?
Which feature of encryption provides assurance that a message has not been altered during transit?
Which feature of encryption provides assurance that a message has not been altered during transit?
What is a characteristic of branded store proximity wallet apps?
What is a characteristic of branded store proximity wallet apps?
What factor is contributing to the expansion of mobile payment systems in the United States?
What factor is contributing to the expansion of mobile payment systems in the United States?
What common security issue arises from sharing files that link to malicious sites?
What common security issue arises from sharing files that link to malicious sites?
Which statement is true regarding online stored value systems?
Which statement is true regarding online stored value systems?
In cloud security, what is a major concern regarding the management of data?
In cloud security, what is a major concern regarding the management of data?
What is the primary function of a firewall?
What is the primary function of a firewall?
Which of the following describes the term 'nonrepudiation' in the context of encryption?
Which of the following describes the term 'nonrepudiation' in the context of encryption?
Which type of attack is characterized by overwhelming a target to disrupt service?
Which type of attack is characterized by overwhelming a target to disrupt service?
Which component is responsible for handling all communications from the Internet?
Which component is responsible for handling all communications from the Internet?
What aspect of e-commerce security ensures data can only be read by authorized parties?
What aspect of e-commerce security ensures data can only be read by authorized parties?
What is NOT a typical aspect of a security plan's implementation?
What is NOT a typical aspect of a security plan's implementation?
What are the primary online payment methods used in e-commerce?
What are the primary online payment methods used in e-commerce?
Which of the following poses a limitation of online credit card payments for consumers?
Which of the following poses a limitation of online credit card payments for consumers?
What is the primary method involved in spoofing?
What is the primary method involved in spoofing?
Which element is NOT part of the e-commerce security plan?
Which element is NOT part of the e-commerce security plan?
What roles do merchants, clearinghouses, and card-issuing banks play in an online credit card transaction?
What roles do merchants, clearinghouses, and card-issuing banks play in an online credit card transaction?
How does pharming benefit a hacker?
How does pharming benefit a hacker?
Which of the following best describes an intrusion prevention system?
Which of the following best describes an intrusion prevention system?
What is a common characteristic of spam websites?
What is a common characteristic of spam websites?
What distinguishes a Distributed Denial of Service (DDoS) attack from a standard Denial of Service (DoS) attack?
What distinguishes a Distributed Denial of Service (DDoS) attack from a standard Denial of Service (DoS) attack?
Which approach can be used by sniffers to identify problems in networks?
Which approach can be used by sniffers to identify problems in networks?
What is often the biggest financial threat to businesses from insider attacks?
What is often the biggest financial threat to businesses from insider attacks?
Insider threats are more likely to stem from which factor?
Insider threats are more likely to stem from which factor?
What is one of the potential uses of a DDoS attack aside from overwhelming a network?
What is one of the potential uses of a DDoS attack aside from overwhelming a network?
How many keys are used in symmetric key cryptography?
How many keys are used in symmetric key cryptography?
What is the main characteristic of public key cryptography regarding key usage?
What is the main characteristic of public key cryptography regarding key usage?
What does the sender use to ensure the authenticity of a message in public key cryptography?
What does the sender use to ensure the authenticity of a message in public key cryptography?
Which method cannot be used to decrypt a message that has been encrypted with a public key?
Which method cannot be used to decrypt a message that has been encrypted with a public key?
What is the purpose of using a hash function in public key cryptography?
What is the purpose of using a hash function in public key cryptography?
What is a characteristic of the keys used in public key cryptography?
What is a characteristic of the keys used in public key cryptography?
In which method is the encryption performed by the sender using the recipient's key?
In which method is the encryption performed by the sender using the recipient's key?
What aspect of symmetric key cryptography influences its encryption strength?
What aspect of symmetric key cryptography influences its encryption strength?
What is the primary purpose of phishing tactics?
What is the primary purpose of phishing tactics?
Which of the following is NOT a tactic related to phishing?
Which of the following is NOT a tactic related to phishing?
What are the key goals associated with hacking?
What are the key goals associated with hacking?
What was the leading cause of data breaches in 2021?
What was the leading cause of data breaches in 2021?
Which method is commonly used to establish customer identity for preventing credit card fraud?
Which method is commonly used to establish customer identity for preventing credit card fraud?
Identity fraud primarily involves unauthorized use of which type of data?
Identity fraud primarily involves unauthorized use of which type of data?
Which statement correctly describes cybervandalism?
Which statement correctly describes cybervandalism?
What percentage increase in data breaches was noted in 2021 compared to 2020?
What percentage increase in data breaches was noted in 2021 compared to 2020?
Flashcards
Phishing
Phishing
A deceptive attempt by a third party to obtain confidential information online, typically for financial gain. It can involve social engineering, email scams, or spear phishing.
Hacking
Hacking
Intentional access and manipulation of computer systems without authorization. Often involves cybervandalism, data breaches, and unauthorized access.
Cybervandalism
Cybervandalism
Disruptive, destructive, or defacing acts targeting websites or online systems, often carried out by hackers.
Hacktivism
Hacktivism
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Data Breaches
Data Breaches
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Credit Card Fraud/Theft
Credit Card Fraud/Theft
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Identity Fraud/Theft
Identity Fraud/Theft
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Establishing Customer Identity
Establishing Customer Identity
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Spoofing
Spoofing
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Sniffer
Sniffer
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DoS Attack (Denial of Service Attack)
DoS Attack (Denial of Service Attack)
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DDoS Attack (Distributed Denial of Service Attack)
DDoS Attack (Distributed Denial of Service Attack)
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DDoS Smokescreening
DDoS Smokescreening
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Insider Attack
Insider Attack
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Insider Embezzlement
Insider Embezzlement
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DDoS Attack
DDoS Attack
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Malware
Malware
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Identity Theft
Identity Theft
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Click Hijacking
Click Hijacking
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What are the two keys used in Public Key Cryptography?
What are the two keys used in Public Key Cryptography?
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How is encryption and decryption done in Public Key Cryptography?
How is encryption and decryption done in Public Key Cryptography?
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How does Public Key Cryptography use digital signatures and hash digests?
How does Public Key Cryptography use digital signatures and hash digests?
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Define Symmetric Key Cryptography.
Define Symmetric Key Cryptography.
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What determines the Strength of Symmetric Key Encryption?
What determines the Strength of Symmetric Key Encryption?
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What is Data Encryption Standard (DES)?
What is Data Encryption Standard (DES)?
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What is the key requirement for each transaction in Symmetric Key Cryptography?
What is the key requirement for each transaction in Symmetric Key Cryptography?
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What is Public Key Cryptography?
What is Public Key Cryptography?
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Online Stored Value Systems
Online Stored Value Systems
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Buy Now Pay Later (BNPL)
Buy Now Pay Later (BNPL)
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Mobile Payment Systems
Mobile Payment Systems
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Near Field Communication (NFC)
Near Field Communication (NFC)
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Universal Proximity Mobile Wallet Apps
Universal Proximity Mobile Wallet Apps
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Branded Store Proximity Wallet Apps
Branded Store Proximity Wallet Apps
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Firewall
Firewall
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Proxy server
Proxy server
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Intrusion detection system
Intrusion detection system
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Intrusion prevention system
Intrusion prevention system
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Risk assessment
Risk assessment
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Security policy
Security policy
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Authentication
Authentication
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Authorization
Authorization
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Study Notes
E-commerce Security and Payment Systems
- E-commerce security involves multiple layers, considering technology, policies, and regulations.
- Key security issues in e-commerce include client, server, and communication pipeline vulnerabilities.
- Malicious code, including exploits, drive-by downloads, and malware, poses significant threats.
- Phishing, hacking, cybervandalism, and hacktivism are common e-commerce crimes.
- Data breaches, often caused by malicious code or human error, are major security concerns.
- Credit card fraud and theft remain serious issues.
- Identity theft involves unauthorized use of personal data for financial gain.
- Spoofing, pharming, and spam tactics target websites.
- Denial-of-service (DoS) and distributed denial-of-service (DDoS) attacks overwhelm systems.
- Insider attacks pose a significant threat due to privileged insider access.
- Social networks, mobile platforms, and cloud environments present unique security challenges.
- Security is not only about technology but also encompasses organizational policies and procedures.
- Encryption techniques, like symmetric and public key cryptography, play crucial roles in securing data.
- Digital certificates and public key infrastructure are components of secure communication systems.
- Firewalls and proxy servers protect networks.
- Essential security policies for businesses include risk assessment, security policies, implementation strategies, security organizations, access controls, and security policies.
Good E-commerce Security
- Implementing new technologies, organizational policies, industry standards, and government regulations are crucial for high security.
- The cost of security should be balanced against potential losses.
- Security often fails at the weakest link in the system.
The Tension Between Security and Other Values
- Security is not the only consideration; it must be balanced with ease of use and profitability.
- Adding more security measures can negatively impact usability and slow down systems.
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Description
Test your knowledge on mobile payment systems and online stored value systems. This quiz covers various topics such as Buy Now Pay Later services, mobile wallet apps, and security concerns related to mobile platforms. Challenge yourself with these questions and learn more about the evolving landscape of digital payments.