ACM Transactions on Computer Systems (TOCS)
Timestamps in key distribution protocols
Communications of the ACM
Using encryption for authentication in large networks of computers
Communications of the ACM
A Formal Specification of Requirements for Payment Transactions in the SET Protocol
FC '98 Proceedings of the Second International Conference on Financial Cryptography
ENDL: A Logical Framework for Verifying Secure Transaction Protocols
Knowledge and Information Systems
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The Secure Electronic Transaction (SET) protocol has been jointly developed by Visa and Master Card toward achieving secure online-transactions. This paper presents formal verification of the Purchase Request phase of SET, by using ENDL (extension of nonmonotonic logic). The analysis unveils some potential flaws. To overcome these vulnerabilities, some feasible countermeasures are proposed accordingly during the validation. Also, the modelling of Purchase Request is described to implement the mechanically model checking instead of manual verification.