Electronic Commerce: An Analysis of Financial Transaction Methods and Associated Security

Abstract

This study examines an obstacle to commerce on the Internet and the World Wide Web posed by a popular belief that the Internet and Web lack the technology needed for secure financial transactions. The reality behind such a belief has a direct effect upon commercial and financial transactions by DOD in view of an Executive Order that mandates Internet usage for electronic transactions. This study details and evaluates the methods available for secure financial transactions on the Internet. Each transaction method analysis provides security protocol functionalities, advantages and disadvantages and company profiles. The study also details the impediments to using the World Wide Web as a commercial medium. It concludes that the popular belief is unfounded. Implications are drawn for DOD practices and policy. DOD and the entire U.S. federal government has a stake in the Internet's capability to process secure financial transactions.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1996
Accession Number
ADA333332

Entities

People

  • Charles R. Gillum Jr
  • David K. Flick Sr.

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical
  • Cyber
  • Energy and Power Technologies
  • Engineered Resilient Systems
  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Application Software
  • Asymetric Encryption
  • Authentication
  • Computer Access Control
  • Computer Network Security
  • Computer Networks
  • Computer Programming
  • Computers
  • Cybersecurity
  • Electronic Commerce
  • Electronic Mail
  • Information Systems
  • Internet
  • Network Science
  • Operating Systems
  • Security Protocols
  • Web Browsers

Fields of Study

  • Computer science

Readers

  • Computer Networking
  • Educational Psychology
  • Government and Public Administration Law.

Technology Areas

  • Microelectronics