Role of Multiple Encryption in Secure Electronic Transaction

Abstract

Security of electronic transaction over insecure communication channel is a challenging task that includes many critical areas as secure communication channel, strong data encryption technique and trusted third party to maintain the electronic database. The conventional methods of encryption in Secure Electronic Transaction can only maintain the data security. The confidential information of customer could be accessed by the unauthorized user for malicious purpose. Therefore, it is necessary to apply effective encryption methods to enhance data security as well as authentication of data communication.