Re: Payment authorization on the web - Haven't moved in 20 years

On 2014-05-04 08:11, Anders Rundgren wrote:
> Sort of linked to the "eternal" HTTPS Client Cert Authentication UI issues, I would like to highlight
> a related problem which is much bigger and that is the fact that we after 20 years with the web
> still mainly use unauthenticated Cardnumbers + "passwords" (CCV) printed in clear on
> credit-cards for authorizing web-payments.  AKA known as "Card Not Present" transactions
> 
> Just about every month there are reports on massive break-ins in servers which would be
> fairly useless if there were a useful authentication scheme involved.  In fact, even the "secure"
> EMV cards used in the EU and Asia, are exactly as susceptible to these attacks as their
> non-secure US counterparts, since the lowest common denominator  (the web) must be supported .
> 
> Obviously the entire authentication space is in a poor condition compared to the rest of the web.
> 
> Anders

http://www.usatoday.com/story/money/business/2014/05/05/target-ceo-steps-down/8713847/

Received on Tuesday, 6 May 2014 07:08:41 UTC