Security System Analysis
Paypal
The information era has totally revolutionized our society with its sphere of influence touching every facet of our lives. There is a paradigm shift in our business methodology and ecommerce has evolved as an integral and indispensable aspect of any business venture that wishes to capitalize on the global market that technology promises. Today more and more companies are recognizing the vast potential and the unprecedented customer base of ecommerce which is definitely poised to become the mainstay business medium of the future. With ecommerce exploding like anything there will be more and more transfer of funds online. It stands out clearly that the anonymous nature of the web medium poses issues pertaining to the credibility and authenticity and thus compromises on the flexibility and the comfort of the web. The success of fast online fund transfer very much hinges on implementing effective security measures to thwart the designs of hackers and other snoopers who threaten the whole concept. Paypal is a concept that offers a hassle free and secure solution for online funds transfer. Let us have a brief outlook on the issues pertaining to security on the web and how Paypal, one of the leading online payment networks handles this area of concern.
Paypal Features
Paypal is rapidly developing into one of the easiest methods of transferring funds and making payments online. The Paypal concept allows money to be transferred via email to anybody who has a paypal account. The company has attracted several millions of people in the United States alone and is already accepting international customers. Let us now dwell in depth on Paypal's security features that protect the confidentiality and privacy of the users and how it strives to ensure the authenticity and the credibility of the transactions.
Dangers of Security Lapses
One of the worst fears of people using the Internet is the danger of ending up disclosing (unknowingly) their personal and financial information to a nosey hacker. If information transaction is not sufficiently protected by means of encryption techniques and protocols which ensure authenticity of the transaction the whole concept of web trade will be at...
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