Feeds

EU agency runs rule over ID cards for online banking logins

What could possibly go wrong?

Intelligent flash storage arrays

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. ®

Internet Security Threat Report 2014

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.