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Friday, 22 June 2018

Fraud Resilient Device for Off-Line Micro Payments

Abstract:

Credit and debit card data theft is one form of cybercrime. Attackers often aim at stealing such as customer data by targeting the Point of Sale system, where retailer first gets the customer data. Modern POS systems are equipped with a card reader and specialized software. User details are given as input to the POS. In this malware steals card data as soon as they are read by the device. Until the customer and vendor are disconnected from the network, no secure online payment is possible. It describes a secure off-line micropayment solution that is resilient to POS data stealing. FRODO provides secure fully off-line payments.

INTRODUCTION:

Computer security (Also known as cybersecurity or IT Security) is information security as applied to computers and networks. The field covers all the processes and mechanisms by which computer-based equipment, information, and services are protected from unintended or unauthorized access, change or destruction. Computer security also includes protection from unplanned events and natural disasters. Otherwise, in the computer industry, the term security or the phrase computer security refers to techniques for ensuring that data stored in a computer cannot be read or compromised by any individuals without authorization. Most computer security measures involve data encryption and passwords. Data encryption is the translation of data into a form that is unintelligible without a deciphering mechanism. A password is a secret word or phrase that gives a user access to a particular program or system.

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