The following is a true statement about payment systems and security:
A) Payment and security issues are primarily unrelated.
B) Payment and security issues are closely related.
C) Payments cannot occur without security.
D) Payment is always secure if made by credit card.
E) Security cannot protect credit cards.

Question

Quizplus · Accepted Answer

Payment systems and security are closely related because any payment system must ensure the security of the transaction to prevent unauthorized access, identity theft, fraud, and other malicious activities. Security measures are necessary to protect sensitive data such as credit card numbers, bank account details, and personal information. Therefore, payment systems must incorporate robust security protocols, encryption methods, authentication processes, and monitoring tools to detect and prevent fraud and cyber attacks.

The Following Is a True Statement About Payment Systems and Security