Security failures in EMV smart card payment systems

New credit cards containing Europay, MasterCard and Visa (EMV) chips for enhanced security used in-store purchases rather than online purchases have been adopted considerably. EMV supposedly protects the payment cards in such a way that the computer chip in a card referred to as chip-and-pin cards...

Full description

Bibliographic Details
Main Authors:	Ahmad, Zubair, M.Khedher, Akram M. Zeki, Olowolayemo, Akeem
Format:	Conference or Workshop Item
Language:	English English
Published:	IEEE 2016
Subjects:	T Technology (General)
Online Access:	http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/7/54197.pdf http://irep.iium.edu.my/54197/8/54197-Security%20failures%20in%20EMV%20smart%20card%20payment%20systems-SOPUS.pdf

id	iium-54197
recordtype	eprints
spelling	iium-541972017-06-15T02:26:26Z http://irep.iium.edu.my/54197/ Security failures in EMV smart card payment systems Ahmad, Zubair M.Khedher, Akram M. Zeki Olowolayemo, Akeem T Technology (General) New credit cards containing Europay, MasterCard and Visa (EMV) chips for enhanced security used in-store purchases rather than online purchases have been adopted considerably. EMV supposedly protects the payment cards in such a way that the computer chip in a card referred to as chip-and-pin cards generate a unique one time code each time the card is used. The one time code is designed such that if it is copied or stolen from the merchant system or from the system terminal cannot be used to create a counterfeit copy of that card or counterfeit chip of the transaction. However, in spite of this design, EMV technology is not entirely foolproof from failure. In this paper we discuss the issues, failures and fraudulent cases associated with EMV Chip-And-Card technology. IEEE 2016 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/54197/7/54197.pdf application/pdf en http://irep.iium.edu.my/54197/8/54197-Security%20failures%20in%20EMV%20smart%20card%20payment%20systems-SOPUS.pdf Ahmad, Zubair and M.Khedher, Akram M. Zeki and Olowolayemo, Akeem (2016) Security failures in EMV smart card payment systems. In: 6th International Conference on Information and Communication Technology for the Muslim World (ICT4M 2016), 22nd-24th November 2016, Jakarta, Indonesia. http://ieeexplore.ieee.org/document/7814909/ 10.1109/ICT4M.2016.056
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	T Technology (General)
spellingShingle	T Technology (General) Ahmad, Zubair M.Khedher, Akram M. Zeki Olowolayemo, Akeem Security failures in EMV smart card payment systems
description	New credit cards containing Europay, MasterCard and Visa (EMV) chips for enhanced security used in-store purchases rather than online purchases have been adopted considerably. EMV supposedly protects the payment cards in such a way that the computer chip in a card referred to as chip-and-pin cards generate a unique one time code each time the card is used. The one time code is designed such that if it is copied or stolen from the merchant system or from the system terminal cannot be used to create a counterfeit copy of that card or counterfeit chip of the transaction. However, in spite of this design, EMV technology is not entirely foolproof from failure. In this paper we discuss the issues, failures and fraudulent cases associated with EMV Chip-And-Card technology.
format	Conference or Workshop Item
author	Ahmad, Zubair M.Khedher, Akram M. Zeki Olowolayemo, Akeem
author_facet	Ahmad, Zubair M.Khedher, Akram M. Zeki Olowolayemo, Akeem
author_sort	Ahmad, Zubair
title	Security failures in EMV smart card payment systems
title_short	Security failures in EMV smart card payment systems
title_full	Security failures in EMV smart card payment systems
title_fullStr	Security failures in EMV smart card payment systems
title_full_unstemmed	Security failures in EMV smart card payment systems
title_sort	security failures in emv smart card payment systems
publisher	IEEE
publishDate	2016
url	http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/ http://irep.iium.edu.my/54197/7/54197.pdf http://irep.iium.edu.my/54197/8/54197-Security%20failures%20in%20EMV%20smart%20card%20payment%20systems-SOPUS.pdf
first_indexed	2023-09-18T21:16:41Z
last_indexed	2023-09-18T21:16:41Z
_version_	1777411608944836608

Security failures in EMV smart card payment systems

Similar Items