Question: How can the lack of encryption in communication channels impact the security of financial transactions conducted through web applications?

Answer:

The lack of encryption in communication channels increases the risk of interception and tampering, compromising the security of financial transactions conducted through web applications.

MCQ: How can the lack of encryption in communication channels impact the security of financial transactions conducted through web applications?

A. Lack of encryption has no impact on the security of financial transactions in web applications
B. Improved security due to the visibility of financial transactions in transit
C. Increased risk of interception and tampering, compromising the security of financial transactions
D. Compressed application code automatically handles security in financial transactions without encryption in communication

Correct Answer: A. Lack of encryption has no impact on the security of financial transactions in web applications

Explanation:

The lack of encryption in communication channels increases the risk of interception and tampering, compromising the security of financial transactions conducted through web applications.