A Biometrics-Based Solution to Combat SIM Swap Fraud - Open Research Problems in Network Security Access content directly
Conference Papers Year : 2011

A Biometrics-Based Solution to Combat SIM Swap Fraud

Louis Jordaan
  • Function : Author
  • PersonId : 1015533
Basie Von Solms
  • Function : Author
  • PersonId : 1015534

Abstract

Cybercriminals are constantly prowling the depths of cyberspace in search of victims to attack. The motives for their attacks vary: some cybercriminals deface government websites to make political statements; others spread malicious software to do large-scale harm; and others still are monetary motivated. In this paper we will concentrate on “cyber fraudsters”. At the time of this writing, a prime hunting ground for fraudsters is online banking. Millions of people worldwide use online banking to quickly and conveniently do their regular bank-related transactions. Unfortunately, this convenience comes at a price. By doing their banking online, they are vulnerable to falling prey to fraud scams such as SIM swap fraud. This paper explains what SIM swap fraud is and how it works. We will analyze the online banking payment transaction process to discover what vulnerabilities fraudsters exploit via SIM swap fraud, and then introduce a computer-based security system which has been developed to help combat it.
Fichier principal
Vignette du fichier
978-3-642-19228-9_7_Chapter.pdf (548.11 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-01581328 , version 1 (04-09-2017)

Licence

Attribution

Identifiers

Cite

Louis Jordaan, Basie Von Solms. A Biometrics-Based Solution to Combat SIM Swap Fraud. 1st Open Research Problems in Network Security (iNetSec), Mar 2010, Sofia, Bulgaria. pp.70-87, ⟨10.1007/978-3-642-19228-9_7⟩. ⟨hal-01581328⟩
246 View
267 Download

Altmetric

Share

Gmail Facebook X LinkedIn More