Question

which of the following are the threats for electronic payment system​

Answer 1

Answer:

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Explanation:

Worms, Trojans, viruses, phishing, pharming, spoofing, man-in the middle, denial of service attack, transaction poisoning and spamming are the most common threats. All this malicious activity has lead to unauthorized access, theft and fraud.

Answer 2

The electronic payment systems have a very important role in e-commerce. E-commerce organizations use electronic payment systems that refer to paperless monetary transactions. It revolutionized the business processing by reducing paperwork, transaction costs, and labour cost.

Following are the Threats to Electronic Payment System:

Denial of service attacks

Direct Access Attacks

Credit/Debit card fraud

Networks Instability