Which of the following methods of financial transactions isconsidered the most secure?
a. Europay MasterCard Visa transaction
b. Magnetic stripe transaction
c. Near Field Communication transaction
d. payWave transaction
a. Europay MasterCard Visa transactions
Europay MasterCard Visa (EMV) financial transactions are considered more secure than traditional credit card payments due to the use of advanced encryption algorithms to provide authentication of the card. Unfortunately, smart card processing takes longer than an equivalent magnetic stripe transaction, partly due to the additional processing to decrypt messages.
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Which of the following is NOT as a risk associated with ERP implementation?
A. A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. B. Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. C. Implementing firms fail to select systems that properly support their business activities. D. The selected system does not adequately meet the adopting firm's economic growth. E. ERP's are too large, complex, and generic for them to be well integrated into most company cultures.