Network Security Protocols Questions Medium
The Secure Electronic Transaction over Internet Protocol (SET/IP) ensures secure online transactions by implementing a combination of encryption, digital certificates, and secure communication protocols.
Firstly, SET/IP utilizes encryption techniques to protect the confidentiality of sensitive information transmitted over the internet. This involves encrypting the data using cryptographic algorithms, making it unreadable to unauthorized individuals. Encryption ensures that even if the data is intercepted during transmission, it cannot be deciphered without the appropriate decryption key.
Secondly, SET/IP relies on digital certificates to establish the authenticity and integrity of the parties involved in the transaction. Digital certificates are issued by trusted third-party certification authorities and contain information such as the identity of the user or organization, their public key, and the digital signature of the certification authority. By verifying the digital certificate, SET/IP ensures that the parties involved are who they claim to be, preventing impersonation or tampering with the transaction.
Furthermore, SET/IP employs secure communication protocols, such as Secure Sockets Layer (SSL) or Transport Layer Security (TLS), to establish a secure channel between the client and the server. These protocols provide encryption, authentication, and data integrity mechanisms, ensuring that the communication between the parties is protected from eavesdropping, tampering, or unauthorized access.
In summary, SET/IP ensures secure online transactions by employing encryption to protect data confidentiality, digital certificates to establish the authenticity and integrity of the parties involved, and secure communication protocols to establish a secure channel for the transaction. These measures collectively safeguard the sensitive information exchanged during online transactions, providing a secure environment for conducting business over the internet.