SET: A QUESTIONABLE SECURITY PROTOCOL

Charles A. Shoniregun, Songhe Zhao

2007

Abstract

The Secure Electronic Transaction (SET) was developed by Visa and MasterCard in 1997. The SET is a protocol that is theoretically perfect with very high expectation to provide secured electronic financial transactions. It also provides a ‘dual signature’ as it hides credit card numbers from the merchants, and purchase details from the bank. This paper exploits the weaknesses that led to SET’s failure and proposed SET’s encryption process with elliptic curve cryptography (ECC).

Paper Citation

in Harvard Style

A. Shoniregun C. and Zhao S. (2007). SET: A QUESTIONABLE SECURITY PROTOCOL . In Proceedings of the Third International Conference on Web Information Systems and Technologies - Volume 1: WEBIST, ISBN 978-972-8865-77-1, pages 313-319. DOI: 10.5220/0001291903130319

in Bibtex Style

@conference{webist07,
author={Charles A. Shoniregun and Songhe Zhao},
title={SET: A QUESTIONABLE SECURITY PROTOCOL},
booktitle={Proceedings of the Third International Conference on Web Information Systems and Technologies - Volume 1: WEBIST,},
year={2007},
pages={313-319},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001291903130319},
isbn={978-972-8865-77-1},
}

in EndNote Style

TY - CONF
JO - Proceedings of the Third International Conference on Web Information Systems and Technologies - Volume 1: WEBIST,
TI - SET: A QUESTIONABLE SECURITY PROTOCOL
SN - 978-972-8865-77-1
AU - A. Shoniregun C.
AU - Zhao S.
PY - 2007
SP - 313
EP - 319
DO - 10.5220/0001291903130319