Dissertation: How To Secure Web Authentication
Dissertation: How To Secure Web Authentication
Presented By:
Arpit Garg
MBA IB(IT)
A1802007095 (E11)
Batch: 2007-2009
Introduction
Objectives of Thesis:
What is Authentication?
Authentication is the process of verifying that a person is who they claim to be.
Features of TICs:
1. TICS are issued by bank authorities or financial
institutions to the user and not by the web server.
2. TIC is similar to OTP (One time password) and one code
is used only on one occasion.
3. It eliminates the risk of attack against traditional
passwords.
Existing Payment
1.
systems
Account-based payment systems
• in which each customer has a valid account maintained by a
Trusted Third Party. The user can initiate pre-paid or post-paid
financial transaction using Smart Cards or Credit cards
3. E-wallet or E-cash
• In this method customers stores digital cash in their E-wallet
from a debit card, credit card or virtual check. Digital cash is
like electronic cash in virtual savings account where the user
can make payment for their purchases. E-wallets are
frequently used in payments or small payments.
5. Personal Wallet
• A personal wallet is a software or hardware installed on user’s
machine. There is no need of server, because payment
transaction does not require any wallet server. The user’s
Flow of messages in the
SET protocol
7. Payment
Ack.
1. User 6.
8.
make Authorizati
Respons
purchase on
request 3. Client response
Order and
payment
Informatio
n with
Custom
er’s
Bank
Disadvantages of SET
1. SET is designed for wired networks and does not meet
all the challenges of wireless network.