Question: Why is it crucial to secure data communication in financial transactions and online banking applications?
Answer:
Securing data communication in financial transactions and online banking applications is crucial, and encryption plays a key role in protecting sensitive financial data from unauthorized access during transmission.
MCQ: Why is it crucial to secure data communication in financial transactions and online banking applications?
Explanation:
Securing data communication in financial transactions and online banking applications is crucial, and encryption plays a key role in protecting sensitive financial data from unauthorized access during transmission.
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Related Questions
- 1. How can attackers exploit unsecured communication in e-commerce applications to compromise user privacy?
- 2. Why is it important to implement secure communication for transmitting personal health information in healthcare applications?
- 3. How can the lack of encryption impact the security of data exchanged between IoT devices in smart homes?
- 4. Why is it crucial to use secure communication in educational applications, especially when transmitting student records?
- 5. What role does encrypted communication play in protecting intellectual property in research and development applications?
- 6. What is a primary risk associated with insecure data storage in web applications?
- 7. Why is it important to encrypt sensitive data stored in databases and file systems?
- 8. What is the consequence of storing passwords in plaintext in a web application's database?
- 9. How can attackers exploit insecurely stored session tokens to compromise user accounts?
- 10. Why is it crucial to implement proper access controls for stored data in web applications?
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