Feeds

EU agency runs rule over ID cards for online banking logins

What could possibly go wrong?

Security for virtualized datacentres

A study by an EU cybersecurity agency into the use of electronic identity cards for online banking has highlighted seven types of vulnerability and 15 possible threats.

ENISA (the European Network and Information Security Agency) compared the suitability of smart eID cards to other authentication techniques for online banking, such as two-factor authentication and the use of mobiles to send out transaction authorisation codes.

ID cards can be applied to the world of online banking but seven classes of risks need to be taken into account before rolling out the technology. These problem include flaws in smart card design, weak or flawed cryptography protocols, keylogging Trojans or other malware on PCs used for internet banking, and card theft.

ENISA also suggests that a standardised approach to authentication using ID cards is needed before they can be widely used for online banking or other sensitive applications, such as accessing government services. Better standards for integration between smartcard readers and PCs are among the technologies that need to be developed and widely adopted before the technology can really take off, it suggests. Privacy concerns are a further complicating factor.

Despite its caution, ENISA wants national ID cards to become as flexible and as multi-purpose as possible, adding "[the] universally applicable eID card is technologically feasible." The report doesn't address the question of whether this is desirable.

Dr Udo Helmbrecht, executive director of ENISA, concludes: "Electronic identity cards offer secure, reliable electronic authentication to internet services, but banks and governments must cooperate better to be able to use national eID cards for banking purposes."

ENISA's 41 page paper on national ID cards and electronic banking, which provides a comprehensive overview of authentication technologies and attack scenarios while being a bit light on conclusions, can be found here. ®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.