Risk Assessment: Smartcard fraud scam

Risk Assessment: Smartcard fraud scam Risk Assessment Department of Computer and Information Sciences, University of Strathclyde and Associates. Security is a balance between confidentiality, authentication and integrity versus convenience, cost and... More

Risk Assessment: Smartcard fraud scam Risk Assessment Department of Computer and Information Sciences, University of Strathclyde and Associates. Security is a balance between confidentiality, authentication and integrity versus convenience, cost and reliability. Figure 4 illustrates the balance that must be struck by stakeholders when implementing technical solutions to counter security vulnerabilities, Abstract. The introduction of smartcard technologies has reduced the incidence of card fraud in the UK, but there are still significant losses from fraudulent card use. In this paper we detail the context of smartcard introduction and describe the types of fraud that remain a threat to cardholders and other stakeholders in the card system. We conclude with a risk analysis from the cardholder’s perspective and recommend greater cardholder awareness of such risks. Susan Burns, George R. S. Weir Department of Computer and Information Sciences, University of Strathclyde, Glasgow G1 Less