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Security Scheme for Online Banking Based on Secret Key Encryption

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3 Author(s)
Xiangyi Hu ; Beijing Municipal Inst. of Sci. & Technol. Inf., Beijing ; Guifen Zhao ; Guanning Xu

The secret key based security scheme is proposed for achieving secure online banking. Encryption equipments are adopted at certification servers and client terminals. A secure certification protocol is established by using secret key encryption, combined secret key and smart card techniques. The one-time secret key generated automatically according to the protocol is unrepeatable. Consequently, the online banking system is secure.

Published in:

Knowledge Discovery and Data Mining, 2009. WKDD 2009. Second International Workshop on

Date of Conference:

23-25 Jan. 2009