How Is Business Transacted Securely on the Internet?
Companies conducting business online are responsible for protecting their customers' security during business transactions. Electronic encryption and an established online identity play an important part in securing these transactions.
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Encryption
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Internet sellers use online encryption to secure online transactions. Sensitive information, such as credit card details, is scrambled during electronic transfers, making the information indecipherable to potential hackers.
Digital Certification
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Online digital certificates are like electronic passports for people conducting business on the Internet. They are issued by recognized authorities that verify a merchant's credentials before approving them. Digital certificates give potential customers confidence that the online merchant is who he claims to be.
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Domain Name Security
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People transacting business online must be registered with a domain name Internet address which functions as their online identity. Responsible businesses protect their domain name and their own and their customers' security by keeping their contact information secure and trademarking it. This protects websites from hackers attempting to hijack domain names.
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References
- Photo Credit Helle Glaskugel World Wide Web image by Marem from Fotolia.com
