Critically explain why online purchase is not safe for the customer. What step do you take to check and the security of the site and the legitimacy of the companies from whom you make a purchase online?

Critically explain why online purchase is not safe for the customer. What step do you take to check and the security of the site and the legitimacy of the companies from whom you make a purchase online?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 8FPE

See similar textbooks

Similar questions

Technology can be used to support a strong internal control system. Discuss how technology has improved the point-of-sale transactions.
How can an organisation use their information system to prevent employees from making inappropriate procurements or fraudulent purchases? Discuss and justify your answer with peer-reviewed support
Provide an example of each of the following; Conspicuous consumption Information you will need to fill out an application to rent an apartment A government agency you can contact to file a fraud complaint A way to prevent fraud on your credit card A way to protect yourself from identity theft
What are the benefits and risks of using digital payment as a customer?
the core of e-commerce system is the ability of user in searching for items. Select one: True False
Which preventive, detective, and/or corrective controls would best mitigate the following threat, and why? (f) A company purchased the leading “off-the-shelf” e-commerce software for linking its electronic storefront to its inventory database. A customer discovered a way to directly access the database by entering appropriate SQL code.
Other than becoming a CFE, what could you do to become a fraud specialist? Please provide references with URL.
What recommendations will you give to prevent fraud?
Provide incidents that E-commerce fail to secure personal information of their customers and subsequently used it for fraudulent acts.
Discuss the trade-off in choosing to update the customer credit, should the sales clerk ever be authorized to override the decision? If so when?
What characteristics should a fraud specialist possess? Please provide references with URL if any.
Which of the following statements regarding authentication in conducting e-business is incorrect? Multiple Choice It is a process that establishes the origin of information or determines the identity of a user, process, or device We need to use asymmetric-key encryption to authenticate the sender of a document or data set Only one key is used for encryption and decryption purposes in the authentication process. Successful authentication can prevent repudiation in electronic transactions.