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Simplifying key management in electronic fund transfer point of sale systems

Simplifying key management in electronic fund transfer point of sale systems

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In the letter we will consider some of the security problems that arise within a large electronic fund transfer point of sale (EFTPOS) system, paying particular attention to the difficulties of key management. In particular, we will introduce the concept of a transaction key which provides automatic key management at almost no extra cost.

Inspec keywords: EFTS; security of data; cryptography; point of sale systems

Other keywords: data security; electronic fund transfer; POS; EFT; automatic key management; point of sale systems; transaction key; data communication systems; cryptography

Subjects: Codes; Manufacturing and industrial administration; Industrial applications of IT; Business applications of IT; Security aspects; Economic, social and political aspects of computing; Financial computing

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http://iet.metastore.ingenta.com/content/journals/10.1049/el_19830303
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