Eavesdropping of Magnetic Secure Transmission Signals and Its Security Implications for a Mobile Payment Protocol

@article{Choi2018EavesdroppingOM,
  title={Eavesdropping of Magnetic Secure Transmission Signals and Its Security Implications for a Mobile Payment Protocol},
  author={Daeseon Choi and Younho Lee},
  journal={IEEE Access},
  year={2018},
  volume={6},
  pages={42687-42701}
}
Magnetic secure transmission (MST) is a technology that emulates the action of swiping a magstripe card in a card reader in that it artificially generates the magnetic signal produced when a card is swiped. MST provides extremely high backward compatibility, i.e., mobile payment using an MST device is possible through most conventional magstripe readers. However, MST devices transmit magnetic signals to a remote magstripe card reader. Hence, it is possible to eavesdrop on such signals. We… CONTINUE READING

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