In today’s economy, there is a heavy reliance on and need for online transactions by organizations. With such transactions occurring daily, the importance of validating, verifying and authenticating a party’s identity and information when performing electronic transactions is crucial. To effectively prove and tie a party’s identity to a particular online transaction or agreement, a methodology and framework that will minimize transaction authenticity risk must be implemented.
This tool contains performance measures and questions an organization can use to enforce and ensure the validity of transactions.