Published Paper Details:

Theflexibleuseofcreditanddebitcard transactions has become increasingly ubiquitous and so have the associated vulnerabilities that make them a common target for cyber criminals. Furthermore, a prevalent complication associated with blocking of ATM cards involves tedious interactive processes and even possibly long waiting times during interaction with customer care services. Using a three factor authentication scheme employing RFID Involving One- time password, we describe and quantify the potential to overcome common transaction liabilities (brute force attack, shoulder surfing, skimming of ATM cards, etc.). The auxiliary feature of blocking ATM cards is implemented using a QR code authentication scheme and RFID technology. The proposed system, therefore, ensures both secure usage of ATM cards and cost effectiveness by utility of novel and increasingly common technology, when also simultaneously proving to be user friendly.