LumaCert: Conception and Creation of New Digital Certificate for Online User Authentication in e-Banking Systems

Electronic banking must be secure and easy to use and many banks heavily advertise an apparent of 100% secure system which is contestable in many points. In this work, an alternative approach to the design of e-banking system, through a new solution for user authentication and security with digital certificate called LumaCert is introduced. The certificate applies new algorithm for asymmetric encryption by utilizing two mathematical operators called Pentors and UltraPentors. The public and private key in this algorithm represent a quadruple of parameters which are directly dependent from the above mentioned operators. The strength of the algorithm resides in the inability to find the respective Pentor and UltraPentor operator from the mentioned parameters.

Authors:

• Artan Luma
• Betim Prevalla
• Besart Qoku
• Bujar Raufi

Keywords:

• Security
• Digital Certificate
• Cryptography.

References:

[1] M. Hertzum, J. N. Christian, N. J├©rgensen and M. N├©rgaard, Usable
Security and E-Banking: ease of use vis-a-vis security J. Australasian
Journal of Information Systems. 11,2, 2004.
[2] A. Nasir, M. Zin, Z. Yunos, How to make online banking secure, April
25 2005. http://www.crime-research.org/analytics/online banking
[3] A. Luma and B. Raufi, New data encryption algorithm and its implementation
for online user authentication, In: The 2009 International
Conference on Security and Managment. pp. 81-85, CSREA Press,
USA, 2009.
[4] A. Luma, B. Raufi and Xh. Zenuni, Asymmetric Encryption /Decryption
with Pentor and ultra Pentor Operators, J. Online Journal of Science and
Technology (TOJSAT), 2,2 9-12, 2012.
[5] A .Luma, B. Raufi and Xh. Zenuni, Asymmetric Encryption /Decryption
with Pentor and ultra Pentor Operators, In: 2nd International Science and
Technology Conference (ISTEC-2011), pp. 79-82, 2011.
[6] A. Luma, Data encryption and decryption using ANZF algorithm, in
31st International Convention. Information Systems Security. pp. 90-94,
MIPRO, Opatija, 2008.
[7] P. Hanacek, K. Malinka and J. Schafer, e-banking security - A
comparative study, In: Aerospace and Electronic Systems Magazine,
IEEE, 25, 1, 2010.