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Trust and risk in Internet commerce Book

Trust and risk in Internet commerce
Trust and risk in Internet commerce, As Internet-based commerce becomes commonplace, it is important that we examine the systems used for these financial transactions. Underlying each system is a set of assumptions,particularly about trust and risk. To evaluate systems, and thus to determine, Trust and risk in Internet commerce has a rating of 3 stars
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Trust and risk in Internet commerce, As Internet-based commerce becomes commonplace, it is important that we examine the systems used for these financial transactions. Underlying each system is a set of assumptions,particularly about trust and risk. To evaluate systems, and thus to determine, Trust and risk in Internet commerce
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  • Trust and risk in Internet commerce
  • Written by author L Jean Camp
  • Published by Cambridge, Mass. MIT Press, 2000, c2001., 2001/09/03
  • As Internet-based commerce becomes commonplace, it is important that we examine the systems used for these financial transactions. Underlying each system is a set of assumptions,particularly about trust and risk. To evaluate systems, and thus to determine
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Preface ix
Introduction 1
1 The Internet 5
What Is the Internet? 5
What Are Its Origins? 6
Where Is the Internet? 9
Who Is on the Internet? 14
How Does the Internet Work? 18
Layers of Protocol and Stages of a Transaction 30
Commercial Transactions 31
Evaluating Information On-line 36
Pricing and Quality in Internet Commerce 40
Convergence and the Internet 43
2 Money 47
Functions of Money 47
Digital Information Money 51
Money Vendors 54
3 Basic Cryptography 57
Private Key Cryptography 60
Public Key Cryptography 61
Hash Functions 63
4 Security Goals 65
Threats to Electronic Information Systems 66
Confidentiality 68
Availability 70
Scalability 72
Authentication 73
Integrity 75
Nonrepudiation 76
5 Key Management Is Trust Management 79
Symmetric Key Management 80
Asymmetric Key Management 83
Digital Certificates 83
Key Length 92
Pseudonymity and Anonymity 93
Microdata Security 95
6 Privacy Perspectives 99
Law Enforcement: Trust Us 101
The Business Community: Trust Me 105
System Designers: Ignore Me 107
Social Critics: Trust for the Common Good 108
Europeans: Limit Trust 110
7 Privacy in Law, Privacy in Practice 115
State Law 117
Federal Law 121
Privacy and Information Technology 130
8 Data Reporting: Trusting the Government 145
Required Information Reporting 145
Reporting Examples 152
Reconsidering Requirements 157
Cryptography Policy 163
Disclosure Summary 166
9 Transactions 169
Reliability 170
Scalability 174
Divisibility 175
Interoperability 176
Open Systems, Standards, and Protocols 179
10 Examination of Internet Commerce Systems 183
Distinctions among Commerce Systems 184
Analyses of Various Systems 186
Example Analyses 190
Credit Cards: A Notational System 190
Cash: A Token System 199
Summary 204
11 Internet Currencies 207
Notational Currencies 207
First Virtual 207
Secure Sockets Layer 215
Secure Electronic Transaction 220
Token Currencies 230
Digicash 232
MicroMint 237
Millicent 246
Summary 250
12 The Coming Collapse in Internet Commerce 255
References 263
Index 275


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