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What is the main challenge for payment systems that rely on notational funds transfer over the open Internet?
  • a)
    Ensuring confidentiality of payment information.
  • b)
    Establishing trust in intermediaries.
  • c)
    Securing the integrity of payment messages during transmission.
  • d)
    Dealing with the inherently less secure nature of the open Internet.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the main challenge for payment systems that rely on notational...
The main challenge for payment systems that rely on notational funds transfer over the open Internet is dealing with the inherently less secure nature of the open Internet, as it is more susceptible to various security threats compared to private networks.
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What is the main challenge for payment systems that rely on notational funds transfer over the open Internet?a)Ensuring confidentiality of payment information.b)Establishing trust in intermediaries.c)Securing the integrity of payment messages during transmission.d)Dealing with the inherently less secure nature of the open Internet.Correct answer is option 'D'. Can you explain this answer?
Question Description
What is the main challenge for payment systems that rely on notational funds transfer over the open Internet?a)Ensuring confidentiality of payment information.b)Establishing trust in intermediaries.c)Securing the integrity of payment messages during transmission.d)Dealing with the inherently less secure nature of the open Internet.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main challenge for payment systems that rely on notational funds transfer over the open Internet?a)Ensuring confidentiality of payment information.b)Establishing trust in intermediaries.c)Securing the integrity of payment messages during transmission.d)Dealing with the inherently less secure nature of the open Internet.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main challenge for payment systems that rely on notational funds transfer over the open Internet?a)Ensuring confidentiality of payment information.b)Establishing trust in intermediaries.c)Securing the integrity of payment messages during transmission.d)Dealing with the inherently less secure nature of the open Internet.Correct answer is option 'D'. Can you explain this answer?.
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