Abstract
M.Comm.
There is an estimated 60 million people using the Internet with an estimated growth of
10% per month. The Internet explosion has been largely fueled by the prospect of
conducting business online. The original Internet was designed for research, and not for
commercial transactions and the integrity of the users was relied upon . The TCP/IP
protocol suite has many inherent security weaknesses. Therefore the development of
SET as an open, non-competitive, free and interoperable standard was welcomed by the
commercial and financial industries.
The concern is that SET does not perform the following functionalities in terms of
confidentiality, authentication, integrity of data, nonrepudiation and access to services.
The objective of this short dissertation is therefore to develop an audit program to audit
the validity of transactions using SET protocols.