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Authors: Sven Kiljan 1 ; Harald Vranken 2 and Marko van Eekelen 2

Affiliations: 1 Faculty of Management, Science & Technology, Open Universiteit, NHL Hogeschool and Radboud University, Netherlands ; 2 Faculty of Management, Science & Technology, Open Universiteit and Radboud University, Netherlands

Keyword(s): Online Banking, Security, Authentication, Trusted, Information, Transfer, Human Interaction.

Related Ontology Subjects/Areas/Topics: Data and Application Security and Privacy ; Data Engineering ; Data Integrity ; Data Protection ; Databases and Data Security ; Identification, Authentication and Non-Repudiation ; Information and Systems Security

Abstract: Online banking relies on user-owned home computers and mobile devices, all vulnerable to man-in-the-middle attacks which are used to steal money from bank accounts. Banks mitigate this by letting users verify information that originates from these untrusted devices. This is not user-friendly since the user has to process the same information twice. It also makes the user an unnecessary critical factor and risk in the security process. This paper concerns a case study of an information scheme which allows the user to enter critical information in a trusted device, which adds data necessary for the recipient to verify its integrity and authenticity. The output of the device is a code that contains the information and the additional verification data, which the user enters in the computer used for online banking. With this, the bank receives the information in a secure manner without requiring an additional check by the user, since the data is protected from the moment the user entered it in the trusted device. This proposal shows that mundane tasks for the user in online banking can be automated, which improves both security and usability. (More)

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Paper citation in several formats:
Kiljan, S.; Vranken, H. and van Eekelen, M. (2016). User-friendly Manual Transfer of Authenticated Online Banking Transaction Data - A Case Study that Applies the What You Enter Is What You Sign Transaction Authorization Information Scheme. In Proceedings of the 13th International Joint Conference on e-Business and Telecommunications (ICETE 2016) - SECRYPT; ISBN 978-989-758-196-0; ISSN 2184-3236, SciTePress, pages 259-270. DOI: 10.5220/0005965102590270

@conference{secrypt16,
author={Sven Kiljan. and Harald Vranken. and Marko {van Eekelen}.},
title={User-friendly Manual Transfer of Authenticated Online Banking Transaction Data - A Case Study that Applies the What You Enter Is What You Sign Transaction Authorization Information Scheme},
booktitle={Proceedings of the 13th International Joint Conference on e-Business and Telecommunications (ICETE 2016) - SECRYPT},
year={2016},
pages={259-270},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005965102590270},
isbn={978-989-758-196-0},
issn={2184-3236},
}

TY - CONF

JO - Proceedings of the 13th International Joint Conference on e-Business and Telecommunications (ICETE 2016) - SECRYPT
TI - User-friendly Manual Transfer of Authenticated Online Banking Transaction Data - A Case Study that Applies the What You Enter Is What You Sign Transaction Authorization Information Scheme
SN - 978-989-758-196-0
IS - 2184-3236
AU - Kiljan, S.
AU - Vranken, H.
AU - van Eekelen, M.
PY - 2016
SP - 259
EP - 270
DO - 10.5220/0005965102590270
PB - SciTePress