Secure Digital Cash Payment through Coin Management
Keywords:
Cybercrime, Security, Credentials, Malwares, MicroprocessorAbstract
Cybercrime is the most popular crimes in the recent times. Cybercrime involves theft of credit card and debit card information details and utilizing those credentials for various fraud operations. Security has been the main concern since decades. Due to the static implementation of the personal identification information there are novel chances of attacking the data by an attacker. Mainly the cybercrimes are observed in point of sale (POS) systems. The attackers aim to steal the customer details by infecting the point of sale systems with the malwares and these systems are equipped with a microprocessor and storage capacity to store the customer’s card data. In the proposed method one can create dynamic coins and flying coins which reduces data masking and increases the security level. Flexibility will be achieved by implementing dynamic coins and flying coins.
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