Trust Management

Running Head : Local and Distributed Trust Management

Discuss the enabling Role and Challenges of local and distributed trust based management of intra enterprise applications for on-line banking from the perspective of a security manager

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Discuss the enabling Role and Challenges of local and distributed trust based management of intra enterprise applications for on-line banking from the perspective of a security manager

In today 's world of electronic commerce of online buying and selling security is a top concern to the vast majority of security

managers entrusted with the responsibility of securing the commercial sites and the transactions that are undertaken online (Bussler , 2002 . These sites include money bookers , e bay , pay pal and Wells-Fargo . It would be worth to note that numerous hardware and software solutions have been developed to secure communication both on local platforms and distributed platforms . Such Solutions incorporate firewalls , VPN (Virtual Private Network ) solutions , IPSEC (IP Security ) protocol , SSL (Secure Socket Layer ) protocol , HTTPS (Secure Hypertext Transfer Protocol , PKI (Public key Infrastructure , NAS (Network Admission server ) and cryptography (Falcone , 2005

These platforms are run on trust amongst the different modules in the communication system , such that the modules of the system check and verify requests from a principal by an authentication process done by a different module in the system (Chen , 2004 . Notwithstanding the accessibility of the aforementioned solutions , challenges persist in privacy , security and reliability . The methodology of trust management between the involved parties is often undefined (Medhi et al , 2007...