Title :
The implementation of a full EMV smartcard for a point-of-sale transaction
Author :
Ogundele, Oludele ; Zavarsky, Pavol ; Ruhl, Ron ; Lindskog, Dale
Author_Institution :
Dept. of Inf. Syst. Security Manage., Concordia Univ., Edmonton, AB, Canada
Abstract :
This paper examines the changes in the payment card environment as they relate to EMV (named after Europay, MasterCard and Visa). This research shows that if the combined dynamic data authentication (CDA) card variant of the EMV card is deployed in a full EMV environment, given the relevant known vulnerabilities and attacks against the EMV technology, the consequences of unauthorized disclosure of the cardholder data is of significantly reduced value to a criminal.
Keywords :
security of data; smart cards; CDA; Europay MasterCard and Visa; card variant; dynamic data authentication; full EMV smartcard; payment card environment; point-of-sale transaction; Authentication; Authorization; Banking; Cloning; Cryptography; Protocols; Chip and PIN; EMV; Magnetic-stripe; Payment card; Point of sale terminal;
Conference_Titel :
Internet Security (WorldCIS), 2012 World Congress on
Conference_Location :
Guelph, ON
Print_ISBN :
978-1-4673-1108-3
