COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Encryption
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Firewall
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Hub
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All of the above
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Detailed explanation-1: -Solution: Smart card is better protected than other cards using Encryption. Encryption is the process of encoding a message or information in such a way that only authorized parties can access it and those who are not authorized cannot.
Detailed explanation-2: -Smart cards are equipped with tamper-resistant microprocessors that can store authentication data. They can be used in various electronic processes, including authentication, access control, sensitive data encryption and personal identification.
Detailed explanation-3: -Like cash, the risks from loss, damage or theft also exist with stored-value cards. But unlike cash, the “funds” on a stored-value card cannot actually be “lost” because they are still at the card-issuing institution in its account.
Detailed explanation-4: -Smart cards support digital signatures, which can be used to determine that the card was issued by a valid organization and that the data on the card has not been fraudulently altered since issuance.