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Innovative Secure Payment Solutions. John QIAN Senior Manager March, 2014. Outline. Online and mobile security risks PKI based USB token Secure payment case studies. Online and Mobile Security Risks. Online Security Risks. Man In the Middle Attacks Trojan Horses Attacks
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Innovative Secure Payment Solutions John QIAN Senior Manager March, 2014
Outline • Online and mobile security risks • PKI based USB token • Secure payment case studies
Online Security Risks • Man In the Middle Attacks • Trojan Horses Attacks • Real-time Transaction Manipulation • Social Engineering • Phishing sites Cybercrime and espionage could be costing the world between $70 billion (£46 billion) and $400 billion a year from a total global economy of $70 trillion, a new estimate by the Center for Stategic and International Studies (CSIS) has calculated. Source McAfee, July 2013
Mobile Security Risks • High Virus Susceptibility • Lost and Theft • Unsecured communication • Remote Access Tools (RAT) • JuniperResearch: Mobile Banking Users to Exceed 1 billion in 2017, Representing 15% of Global Mobile Subscribers • http://www.juniperresearch.com/viewpressrelease.php?pr=356 • Mobile Payment transactions is projected to reach $650 billion by 2014
PKI Based USB Tokens No display, No interactive elementAlways connected to host PC 1st Gen USB Token A switch to trigger transaction signing 1.5 Gen USB Token HIP: Sign what you see 2nd. Gen. USB Token
Sonic Encoding Communication SEC: Sonic Encoding Communication USB Token IC Card Reader
3rd Generation PKI USB Token • Cross-platform applications extensions • Any payment media, anyplace, anytime
Secure Payment Case Studies
Mobile Payment Case Studies E-commerce TV Shopping Bank Vending POS
Mobile Payment Case Studies E-commerce TV Shopping Bank Vending POS
Case Study 1: Online Payment • No external driver required • Compatible across browsers: IE, Chrome, Safari etc. • Security: HIP PKI • Usability: easy to use Bank Payment App
Case Study 2: Low Cost SME Payments • No POS terminal deployment cost • Volume or service fee based to save cost • Payment Info is cycled within completely safe computing env. POS Terminal Bank Payment App
Case Study 3: MultimediaPayments • Multimedia Vending Machines Bank Payment App TV Shopping
Case Study 4: Online to Offline (O2O) • Online generated receipts for offline payment POS Bank Payment App
Case Study 5: Receipt Based QR Code Payment • Receipt has QR code to feed payment app QR Receipt Bank Payment App
Case Study 6: Universal Payment App • Support IC Card devices • Universal payment App that can handle all payments All Sources Bank Payment App
Innovative Mobile Payment Demo System • Flexible sources: NFC & QR Code • Latest mobile technology: HIP, SEC & QR Code • Universal payment App • Different shopping experience
Conclusions • 2nd GEN PKI USB Token offers ultimate transaction protection • SEC technologies drives mobile payment solutions • QR Code authorizing system opens doors for all cross platform transactions and give rise to 3rd GEN PKI USB Token
Tendyron Corporation • A leader in online-banking security, PKI/OTP tokens, smartcards and mobile payment solutions. • The first to propose the concept of human-interface peripheral, pioneered the development of 2nd Generation PKI tokens • No.1 Banking Solution Supplier in China • Awards: Deloitte Technology Fast 500 Asia Pacific Company in 2011, 2012 Deloitte Technology Fast 50 China Company in 2011, 2012