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What are problems with online banking?
Risk of Identity theft, phishing and Trojans.
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What is phishing?
Fraudsters send random emails asking people who uses online banking. They try to get bank and credit card detials.
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What are Trojans?
Small programs used to get details of your user-IDs and passwords.
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What are the 4 stages of identify theft/fraud?
1. Person finds personal and financial details. 2. Open new credit card accounts using redirected mail. 3. Make purchases in your name e.g. a car. 4. Give your name to the police if they are in a car accident, you're arrested, no appearance in court.
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What is Encryption?
Codes data whilst it is being sent and only the authorised recipent is allowed to decode it.e.g. credit card details.
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What are problems with encryption?
can be used for conversations between terroists and isn't liked by secruity forces.
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Other cards in this set

Card 2

Front

What is phishing?

Back

Fraudsters send random emails asking people who uses online banking. They try to get bank and credit card detials.

Card 3

Front

What are Trojans?

Back

Preview of the front of card 3

Card 4

Front

What are the 4 stages of identify theft/fraud?

Back

Preview of the front of card 4

Card 5

Front

What is Encryption?

Back

Preview of the front of card 5
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