The Key to Protecting Digital Communication Systems Against Fraud, Hackers

question 55

Multiple Choice

The key to protecting digital communication systems against fraud, hackers, identity theft, and other threats is

• A)using file-sharing services.
• B)hiring ethical employees.
• C)creating a well-funded IT department.
• D)using prevention techniques like strong passwords.
• E)minimizing turnover.

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Definitions:

Public Goods

Goods that are non-rivalrous and non-excludable, meaning they can be used by everyone without preventing others from using them too.

Unregulated Market

A market where economic activities are not controlled by government policies or restrictions.

Imperfect Information

A market condition where all parties do not have equal access to all relevant information, leading to inefficiencies.

Market Failure

A situation where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.