Robust Authentication Medium for Safety of Financial Transactions

Authors

  • Ngozi Eugenia Festus-Amaka Department of CyberSecurity, School of Information and Communication Technology, Federal University of Technology, Owerri- Nigeria
  • Juliet N. Odii Department of Computer Science, School of Information and Communication Technology, Federal University of Technology, Owerri- Nigeria
  • Ali Ibrahim Isa Department of CyberSecurity, School of Information and Communication Technology, Federal University of Technology, Owerri- Nigeria
  • Stanley Adiele Okolie Department of Computer Science, School of Information and Communication Technology, Federal University of Technology, Owerri- Nigeria
  • Ignatius I Ayogu Department of Computer Science, School of Information and Communication Technology, Federal University of Technology, Owerri- Nigeria

Keywords:

Authentication medium, Sensitive information, Transmission medium, Vulnerability, Financial transaction

Abstract

The SMS-based authentication medium for financial transaction poses vulnerability challenges on its transmission medium due to weak authentication medium. These security challenges are not limited to various attack mechanisms such as Man in the middle (MITM), replay among others on the transit. Also, the transmission channel of Short Message Service (SMS) via device could be stolen and SMS been transmitted could equally be vulnerable to attacks. Hence, this study develops an International Mobile Equipment Identity (IMEI) Authentication Technique (IAT), to redirect the focus of financial authentication medium to both user
and device authentication medium, where both the user and device will be authenticated. Therefore, the study captures the two user authentication mechanisms, in addition to device identity authentication to ensure a secured communication and any  attempt of illegitimate processes will be aborted

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Published

2023-11-01

Issue

Vol. 10 No. 1 (2023): Journal of Science and Logics in ICT Research

Section

Articles