Secure Electronic Transaction (SET)

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Secure Electronic Transaction (SET)

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Introduction

• What is SET?
• An Open standard supported by
• IBM, Microsoft
• VISA,MasterCard
• GTE
• VeriSign, RSA

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Secure Electronic Transaction

• Why SET?
• Technologies used by SET
• Symmetric and PKI encryption mechanisms.
• Digital Certificates
• Dual Signature

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Secure Electronic Transaction

• Authenticity
• Digital Certificates
• Privacy
• TRUSTe
• WebTrust
• BBBOnline

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Secure Electronic Transaction

• Integrity
• Symmetric Key encryption
• PKI encryption
• Non-repudiation
• Digital Signatures

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Parties Involved
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SET Transaction flow
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Dual Signature
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Secure Electronic Transaction

• Questions?