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SUMMARY:Payment System Security - Attacks and Defences - Dr Steven Murdoch
  - University College London
DTSTART:20141105T140000Z
DTEND:20141105T150000Z
UID:TALK54968@talks.cam.ac.uk
CONTACT:David Greaves
DESCRIPTION:Designers of banking security systems are faced with a difficu
 lt challenge of developing technology within a tightly constrained budget\
 , yet which must be capable of defeating attacks by determined\, well-equi
 pped criminals. This talk will summarise banking security technologies for
  protecting Chip and PIN/EMV card payments\, online shopping\, and online 
 banking. The effectiveness of the security measures will be discussed\, al
 ong with vulnerabilities discovered in them both by academics and by crimi
 nals. These vulnerabilities include cryptographic flaws\, failures of tamp
 er resistance\, and poor implementation decisions\, and have led not only 
 to significant financial losses\, but in some cases unfair allocation of l
 iability. Proposed improvements will also be described\, not only to the t
 echnical failures but also to the legal and regulatory regimes which are t
 he underlying reason for some of these problems not being properly address
 ed.
LOCATION:Lecture Theatre 1\, Computer Laboratory
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