A security evaluation programme can be used to evaluate the security of an E-wallet. To find potential weaknesses and evaluate the overall security of the E-wallet system, this programme takes various steps.
A risk assessment is first carried out to determine potential threats and weaknesses. This entails determining the resources that must be safeguarded, the dangers that might jeopardize those resources, and the likelihood and severity of those threats.
Finally, a report summarizing the security assessment program’s findings is generated, including any vulnerabilities found, the dangers connected to them, and suggestions for resolving those vulnerabilities.