Payment Card Cryptography

Page #83344 of Chapter: Crypto-for-the-rest-of-us

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The payment card set-up involves a large number of autonomous players, and a large number of communication links -- it's a large front-line for the hackers to probe for a weak link.

The two main risks are:

  • Compromise of a financial database
  • identity theft

    Hackers consistently have the upper hand, scoring big, yet the vast majority of trades remains uncompromised.

    The networks that run the payment card ecosystem impose a string security code, mandating that network members would abide by a published security code.

    Check the following slide show: Payment Card Industry -- Data Security Standard (PCI_DSS) .

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