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eBay is an example of an online company that has been faced with numerous security issues. For example, imagine you purchase a digital camera on eBay. Three months later you might receive an email asking you to log in to the system to update your credit card or PayPal information. Of course, this email is not actually from eBay and as soon as you log in your information will be stolen. What type of information security breach would you consider this to be?
Originator
The individual or entity that creates or initiates something, often used in the context of loans and financial transactions.
Beneficiary
An individual or entity entitled to receive benefits or assets from a will, trust, insurance policy, or other legal arrangement.
Stale Check
A check that is presented for payment after a certain period (typically six months) from its issue date, leading to its potential refusal by the bank.
Settlement
An agreement reached between parties in a dispute to amicably resolve their differences, often involving a compromise and the cessation of further legal action.
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