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UL's New Science - Transaction Security Overview

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Transaction technology is advancing the convenience, speed and security of payments, mobility and identity management. Consumers, merchants, third-party processors, wireless carriers and financial institutions all play a role in this rapidly transforming field. These technologies create new challenges related to interoperability, reliability and efficiency. And they have engendered new types of crime, including hacking, identity theft and malware. With New Science, UL is facilitating the deployment of secure infrastructures built on new transaction technologies and helping to ensure that they operate optimally and securely.

http://www.ul.com/transactionsecurity

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UL's New Science - Transaction Security Overview

  1. 1. UL and the UL logo are trademarks of UL LLC © 2013
  2. 2. UL and the UL logo are trademarks of UL LLC © 2013
  3. 3. UL and the UL logo are trademarks of UL LLC © 2013
  4. 4. UL and the UL logo are trademarks of UL LLC © 2013
  5. 5. UL and the UL logo are trademarks of UL LLC © 2013TRANSACTIONSECURITYTransaction technology is advancingthe convenience, speed and securityof payments, mobility and identitymanagement. These technologies createnew challenges related tointeroperability, reliability and efficiency.And they have engendered new types ofcrime, including hacking, identity theft andmalware.
  6. 6. UL and the UL logo are trademarks of UL LLC © 2013TRANSACTION SECURITY CHALLENGES
  7. 7. UL and the UL logo are trademarks of UL LLC © 20131. “Consumer Cybercrime Estimated at $110 Billion Annually,” 2012 Norton Study. Web: 5 Oct. 2012.http://www.symantec.com/about/news/release/article.jsp?prid=20120905_02HOW CAN WE WORK TO REDUCEHACKING AND ITS IMPACT?
  8. 8. UL and the UL logo are trademarks of UL LLC © 20132. “NFC: When Will Be the Real Start?” Frost & Sullivan Report, 11 Jan. 2011. Web: 12 Mar. 2013.http://www.frost.com/sublib/display-report.do?bdata=bnVsbEB%2BQEJhY2tAfkAxMzYyMDY1OTA5Mjk2&id=9843-00-13-00-00HOW CAN WE ANTICIPATE AND MITIGATECHALLENGES RELATED TO THE GROWTHOF M-COMMERCE?
  9. 9. UL and the UL logo are trademarks of UL LLC © 20133. “Biometrics Market Expected to Hit $12 Billion in 2015,” Homeland Security News Wire, 18 Jan. 2011. Web: 12 Mar. 2013.http://www.homelandsecuritynewswire.com/biometrics-market-expected-hit-12-billion-2015-0HOW CAN WE USE BIOMETRICS TOINCREASE SECURITY AND EFFICIENCYOF TRANSACTIONS?
  10. 10. UL and the UL logo are trademarks of UL LLC © 2013UL’S NEW SCIENCE OFTRANSACTION SECURITYUL is facilitating the deployment of secureinfrastructures built on new transaction technologiesand helping ensure that they operate optimallyand securely. From collaborating on state-of-the-artbiometrics security to helping transition disparatesystems to a new platform, UL is responding to today’sTransaction Security challenges with New Science.
  11. 11. UL and the UL logo are trademarks of UL LLC © 2013LEARN MOREABOUT BIOMETRICSUL tested, analyzed and ultimately helped ensure thefunctionality and security of an innovative fingerprintauthentication system.
  12. 12. UL and the UL logo are trademarks of UL LLC © 2013WHAT WAS THE IMPACTOF UL’S NFCIMPLEMENTATIONMODEL?UL developed an innovative process to help mobilenetwork operators, banks, acquirers and merchantsimplement an NFC payment infrastructure securely.
  13. 13. UL and the UL logo are trademarks of UL LLC © 2013DISCOVER MORE ABOUTOUR BRAND TEST TOOLUL researchers created a device that facilitatesinteroperability and security testing, helping financialorganizations provide trouble-free transactions withintheir infrastructures.
  14. 14. UL and the UL logo are trademarks of UL LLC © 2013READ ABOUT OURSMART WAVE BOXUL scientists and researchers developeda device that can simulate smart cardsor e-Identification documents and theircommunication.
  15. 15. UL and the UL logo are trademarks of UL LLC © 2013LEARN ABOUT OURTSM TEST SUITEReview a series of tests designed to worktogether to simulate the comprehensiveinteractions of devices and terminals inthe near field communication ecosystem.
  16. 16. UL and the UL logo are trademarks of UL LLC © 2013DISCOVER THEIMPORTANCE OFVULNERABILITY ANALYSISUL’s innovative methodology for creating newways to break security in order to design effectivecountermeasures (the science of hacking).
  17. 17. UL and the UL logo are trademarks of UL LLC © 2013ul.com/newscience/transactionsecurity/+1 847.664.2040FOR MORE INFORMATION
  18. 18. UL and the UL logo are trademarks of UL LLC © 2013UL and the UL logo are trademarks of UL LLC © 2013
  19. 19. UL and the UL logo are trademarks of UL LLC © 2013THANK YOU.

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