BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factoring
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Blue Chip
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Insider Trading
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Digital Signature
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Detailed explanation-1: -The correct answer is Redundancy.
Detailed explanation-2: -Digital signatures provide authenticity protection, integrity protection, and non-repudiation, but not confidentiality protection. The result of a cryptographic transformation of data that, when properly implemented, provides origin authentication, assurance of data integrity and signatory non-repudiation.
Detailed explanation-3: -Digital signatures are based on public key cryptography, also known as asymmetric cryptography. Using a public key algorithm, such as RSA (Rivest-Shamir-Adleman), two keys are generated, creating a mathematically linked pair of keys, one private and one public.
Detailed explanation-4: -A digital signature is a cryptographic output (made with algorithms) that certifies the authenticity of an inalterable document accepted by a signer. It is used for advanced and qualified electronic signatures. Therefore, all digital signatures are electronic, but not the other way around.