Appropriate Security Protocols to Mitigate the Risks in Electronic Money Management

Segundo Moisés Toapanta Toapanta, María Elissa Coronel Zamora, Luis Enrique Mafla Gallegos

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Discussed in a general way, the protocols used by retailers to provide security when making online purchases. The problem was the risks that exist at the time of using electronic money. The aim is to analyze communication protocols that can be used with the benefits they present in security and implementation costs to provide robustness against failures, third party attacks and mitigate vulnerabilities that can expose sensitive information of both the internal client and the user external. The deductive method and exploratory research were used in order to analyze the information in the articles to which this document refers. Turned out that the Protocol 3D Secure, being a mixture of various security protocols and leveraging the benefits each offers, was one that allowed us to manage the electronic money in a safer manner for the user and for the trade. It was concluded that, on several occasions, companies opt to bet on prices lower than leaving the security of the information in the background and are presented as a result of this, a number of computer fraud.

Original languageEnglish
Title of host publicationSmart Trends in Computing and Communications - Proceedings of SmartCom 2019
EditorsYu-Dong Zhang, Jyotsna Kumar Mandal, Chakchai So-In, Nileshsingh V. Thakur
PublisherSpringer
Pages65-74
Number of pages10
ISBN (Print)9789811500763
DOIs
StatePublished - 1 Jan 2020
Event3rd International Conference on Smart Trends for Information Technology and Computer Communications, SmartCom 2019 - Bangkok, Thailand
Duration: 24 Jan 201925 Jan 2019

Publication series

NameSmart Innovation, Systems and Technologies
Volume165
ISSN (Print)2190-3018
ISSN (Electronic)2190-3026

Conference

Conference3rd International Conference on Smart Trends for Information Technology and Computer Communications, SmartCom 2019
Country/TerritoryThailand
CityBangkok
Period24/01/1925/01/19

Bibliographical note

Funding Information:
The authors thank Universidad Polit?cnica Salesiana del Ecuador, the research group of the Guayaquil Headquarters ?Computing, Security and Information Technology for a Globalized World? (CSITGW) created according to resolution 142-06-2017-07-19, and Secretar?a de Educaci?n Superior Ciencia, Tecnolog?a e Innovaci?n (Senescyt).

Publisher Copyright:
© 2020, Springer Nature Singapore Pte Ltd.

Keywords

  • 3D Secure
  • Electronic money
  • Security
  • SET
  • SSL

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