What is trusted third party example?
What is trusted third party example? Trusted third parties (TTPs) are often employed to facilitate trust in commercial transactions. Banks, lawyers and brokers are typical examples in everyday use. What are the problems with trusted third party? The Risk of Trusted Third Parties Their service, however, has not come without its own risk. The first, and most glaring, is the risk posed by fraudulent activity. Despite rules and regulations, trusted third parties are still run by people and are thus susceptible to fraud and abuse. Why is trusted third party costly? The high costs of implementing a TTP come about...