Paper 2020/1036
Security in banking
Arthur Van Der Merwe, David Paul, Jelena Schmalz, and Timothy M. Schaerf
Abstract
We examine the security of the Australian card payment system by analysing existing cryptographic protocols. In this analysis, we examine TDES and DES-V key derivation and the use of secure cryptographic devices, then contrast this with alternative mechanisms to enable secure card payments. We compare current Australian cryptographic methods with their international counterparts, such as the ANSI methods, and then motivate alternative methods for authenticated encryption in card payment systems.
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Preprint. MINOR revision.
- Keywords
- AS 2805authenticated encryptionfinancial encryptionTR-31
- Contact author(s)
- avande22 @ myune edu au
- History
- 2020-08-28: received
- Short URL
- https://ia.cr/2020/1036
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2020/1036,
author = {Arthur Van Der Merwe and David Paul and Jelena Schmalz and Timothy M. Schaerf},
title = {Security in banking},
howpublished = {Cryptology ePrint Archive, Paper 2020/1036},
year = {2020},
note = {\url{https://eprint.iacr.org/2020/1036}},
url = {https://eprint.iacr.org/2020/1036}
}
