A SURVEY ON THEFT PREVENTION DURING ATM TRANSACTION WITHOUT ATM CARDS

Sistu Sudheer Kumar, A. Srinivas Reddy

Abstract: Authentication is a critical part of any trustworthy computing system which ensures that, only individuals can to log on to the system. Here ATM Security has always been one of the most prominent issues. ATM machines generally authenticates by using ATM card and PIN number to perform transactions. This papers discusses design of ATM system that will improve the authentication of customer while using ATM. Here is possible scenario that an individual’s ATM [1] card falling into wrong hands by knowing PIN number and forget ATM card is difficult to perform ATM transaction. So to clear all these problems we are implementing this system using “One Time Password (OTP)” and “Personal Identification Number (PIN)” combination in order to improve authentication of customer using ATM machine to perform transaction without having any ATM cards.

Keywords: Automated Teller Machine (ATM), One Time Password (OTP), Personal Identification Number (PIN), Card Verification Value (CVV), Cipher Block Chaining (CBC)

DOI: https://doi.org/10.15623/ijret.2015.0418007