'Host Card Emulation' Vs 'Secure Element': Which Is More Secure?

Status
Not open for further replies.

badvok66

Distinguished
Jun 16, 2011
16
0
18,510
0
While Secure Element does hide the user and provide privacy this is a double-edged sword since that same privacy allows ANY credit card, stolen or cloned, to be used with no trace. Thus criminals no longer need to clone the physical card onto another card, they just need to store the stolen details in a device using a Secure Element.

With HCE there is likely to be some traceability, at the expense of privacy.
 

ericburnby

Distinguished
Mar 4, 2010
636
0
18,980
0
While Secure Element does hide the user and provide privacy this is a double-edged sword since that same privacy allows ANY credit card, stolen or cloned, to be used with no trace. Thus criminals no longer need to clone the physical card onto another card, they just need to store the stolen details in a device using a Secure Element.

With HCE there is likely to be some traceability, at the expense of privacy.
Not true. If a criminal has your credit card data AND enough personal information to get through the screening/activation, then they can add a stolen card to either system just as easily.

Secure element/tokens don't make the transactions 100% anonymous (or leave "no trace" as you implied). They're only anonymous to the merchants. The bank will have a detailed record of activity exactly as if the person used an actual card.
 
Status
Not open for further replies.

ASK THE COMMUNITY

TRENDING THREADS