Question

Which of the following transaction requires maximum security?

• A. Error correction, codes
• B. Master file manipulations
• C. Batch control / transactions
• D. Normal transactions

Answer 1

The correct option is B Master file manipulations

Master file manipulations transaction requires maximum security.

Master file:- A collection of records pertaining to one of the main subjects of an information system, such as customers, employees, products and vendors. Master files contain descriptive data, such as name and address, as well as summary information, such as amount due and year-to-date sales.

Secure Electronic Transaction (SET):- Secure electronic transaction (SET) was an early protocol for electronic credit card payments. As the name implied, SET was used to facilitate the secure transmission of consumer credit card information via electronic avenues, such as the Internet.