SWIFT's Implementation of the "Smart Card" Is Expected to

question 32

Multiple Choice

SWIFT's implementation of the "smart card" is expected to

• A) decrease the likelihood of electronic fraud.
• B) remove the need for secret information to be sent through the mail.
• C) guarantee the identity of the sender.
• D) All of the options are true.

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Definitions:

Websites

Collections of web pages, images, videos, and other digital assets that are hosted on one or several web server(s), accessible via the Internet.

Public-Key Encryption

A type of encryption where two keys, known as a key pair, are created. One key is used for coding and the other for decoding. The key for coding is distributed as a public key, whereas the private key is retained for decoding.

Key Pair

The two keys used in public-key encryption.

Instant Messaging

A type of online communication service that enables real-time text transmission over the internet.