Author Question: A digital envelope is the combination of the encrypted original message and the digital signature, ... (Read 54 times)

jrubin · **on:** Jul 7, 2018

A digital envelope is the combination of the encrypted original message and the digital signature, using the recipient's public key.

Indicate whether the statement is true or false

Question 2

What costs do online merchants incur for fraudulent transactions?

What will be an ideal response?

aliotak · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

TRUE

Answer to Question 2

In the online world, merchants are held liable for fraudulent transactions. In addition to the lost merchandise and shipping charges, merchants who accept fraudulent transactions can incur additional fees and penalties imposed by the card associations. However, these are not the only costs. There also are the costs associated with combating fraudulent transactions. These include the costs of tools and systems to review orders, the costs of manually reviewing orders, and the revenue that is lost from rejecting orders that are valid.