Atm
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Transcript of Atm
TITLEApplication of DES
in ATM
INTRODUCTION
• ATM also known as Automatic Teller Machine is a simple and yet security banking service.
• Allows an authorized cardholder to conduct banking transaction without visiting a branch.
• They are well known for its convenience to the customers, cost-effectiveness to the bank and most importantly it is an extremely secure banking method.
• ATMs rely on authorization of a transaction by the bank via a secure communications network.
• Encryption methods are built into the communication network to prevent unauthorized transactions.
ATM COMMUNICATION SECURITY
• ATMs contain secure crypto-processors• Relies mostly on the integrity of the secure crypto-processor.• ATMs typically connect directly to their ATM Transaction
Processor via a modem over a dedicated telephone line.• Account number: 8807012345691715• PIN key: FEFEFEFEFEFEFEFE• Result of DES: A2CE126C69AEC82D• Result decimalized: 0224126269042823• Natural PIN: 0224• Offset: 6565• Customer PIN: 6789
DATA ENCRYPTION STANDARD
• (DES) was developed by an IBM team around 1974 and adopted as a national standard in 1977.
• An approved cryptographic algorithm selected as an official Federal Information Processing Standard (FIPS) for the United States (Lockergnome Encyclopedia, 2004).
• Encryption is the transformation of data to a form which is impossible to read without the appropriate knowledge or key.
• In DES, data are encrypted in 64-bit blocks using a 56-bit key.• DES Modes of Operation describes four different modes for
using the algorithm described in this standard. -(ECB) (CBC) (CFB) (OFB) mode.
USE OF DES
ADVANTAGES OF DES
• Convenient• Cost-effective• Secure banking method• No real weaknesses have been found: the most
efficient attack is still brute force.• The Government is required to re-certify, DES every
five years and ask it be replaced if necessary.• Anybody can learn the details and implement it. • Fast in hardware and relatively fast in software.
DISADVANTAGES OF DES
• DES is so easy to break with today’s rapidly advancing technology.
• Limited size of key.• Hardware implementations of DES are very
fast; DES was not designed for software and hence runs relatively slowly.
• We cannot get the readable data at the receiving end.
CONCLUSION
• Automatic Teller Machines are protected by advanced encryption technologies.
• ATM security requires improving methods to keep up with smart intruders.
• Upgrade from the Data Encryption Standard to the Advanced Encryption Standard
• ATMs are very convenient, cost-effective and secure banking method provided to customers today