Publication result detail

PIN (and Chip) or Signature: Beating the Cheating?

CVRČEK, D.; KRHOVJÁK, J.; MATYÁŠ, V.

Original Title

PIN (and Chip) or Signature: Beating the Cheating?

English Title

PIN (and Chip) or Signature: Beating the Cheating?

Type

Paper in proceedings outside WoS and Scopus

Original Abstract

Chip & PIN is the name of the new technology supposed to considerably decrease fraud related to payment cards. While this is definitely true from the banks' point of view, what is not so clear are implications for customers - the ultimate card users. Introduction of smartcards within the Chip & PIN deployment exercise is quite likely the most extensive deployment of computers in the human history, with security as a ma jor aspect. We first review some of the most critical issues related to the introduction of Chip & PIN card payment autho- rization, and then discuss our two-phase experiment.1 Our experiment examined, in two phases, whether the introduction of this authorization method is advantageous for an opportunistic thief and whether the cus- tomer truly benefits from the Chip & PIN technology with respect to this opportunistic thief. This is, to our best knowledge, the first presen- tation of non-trivial field experiment results on the ease of PIN in-shop observation to the general public.

English abstract

Chip & PIN is the name of the new technology supposed to considerably decrease fraud related to payment cards. While this is definitely true from the banks' point of view, what is not so clear are implications for customers - the ultimate card users. Introduction of smartcards within the Chip & PIN deployment exercise is quite likely the most extensive deployment of computers in the human history, with security as a ma jor aspect. We first review some of the most critical issues related to the introduction of Chip & PIN card payment autho- rization, and then discuss our two-phase experiment.1 Our experiment examined, in two phases, whether the introduction of this authorization method is advantageous for an opportunistic thief and whether the cus- tomer truly benefits from the Chip & PIN technology with respect to this opportunistic thief. This is, to our best knowledge, the first presen- tation of non-trivial field experiment results on the ease of PIN in-shop observation to the general public.

Keywords

paymant, bank card, authorisation, PIN, signature, experiment

Key words in English

paymant, bank card, authorisation, PIN, signature, experiment

Authors

CVRČEK, D.; KRHOVJÁK, J.; MATYÁŠ, V.

Released

15.11.2007

Location

Berlin

Book

Security Protocols - 13th International Workshop, Cambridge, UK, April 20-22, 2005, Revised Selected Papers

Edition

LNCS

ISBN

0302-9743

Periodical

Lecture Notes in Computer Science

Volume

2007

Number

4631

State

Federal Republic of Germany

Pages from

69

Pages to

75

Pages count

7

BibTex

@inproceedings{BUT25912,
  author="Daniel {Cvrček} and Jan {Krhovják} and Václav {Matyáš}",
  title="PIN (and Chip) or Signature: Beating the Cheating?",
  booktitle="Security Protocols - 13th International Workshop, Cambridge, UK, April 20-22, 2005, Revised Selected Papers",
  year="2007",
  series="LNCS",
  journal="Lecture Notes in Computer Science",
  volume="2007",
  number="4631",
  pages="69--75",
  address="Berlin",
  issn="0302-9743"
}