Basic HTML version of Foils prepared July 6 99

Foil 54 Secure Electronic Transaction (7)

From Security Infrastructure fo Electronic Commerce and Internet CPS714 Computational Science Information Track -- June 2 and June 7 99. by Roman Markowski
1 SET offers security at the expense of simplicity
2 SET is so complicated that banks and merchants are not eager to deploy it
3 In practical implementations:
  • SSL is used to protect privacy of the transaction
  • SET is used to enable consumer and merchant to authenticate each other
4 SET extends the current message flow in banking networks into cyberspace
in Table To:

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