Leveraging COBIT5 in NFC-based payment technology: challenges and opportunities for security risk mitigation and audit

Tebug Mba Techoro, S. Butakov, S. Aghili, Ron Ruhl
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Abstract

Near field communication (NFC) payment technology was expected to revolutionize businesses, yet presents major challenges relating to security and assurance in the Canadian payment ecosystem. This paper suggest some of the best practices in various frameworks for Risks and Assurance management in implementing NFC-based payment technology (NFC-BPT). The NFC-BPT risks and threats are analyzed in conjunction with justified risks data from Canadian NFC Mobile Payment Reference Model (Canadian NFC-MPRM). The output of the analyzed risk is mapped to COBIT5 (Control objective for Information and Related Technology) for Risk and COBIT5 for Assurance processes through which, a comprehensive assurance steps will be obtained on data security, fraud, theft and malware for payment credential issuers and acquirers.
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在基于nfc的支付技术中利用COBIT5:安全风险缓解和审计的挑战和机遇
近场通信(NFC)支付技术有望彻底改变业务,但在加拿大支付生态系统中存在与安全和保障相关的重大挑战。本文建议在实施基于nfc的支付技术(NFC-BPT)的各种风险和保障管理框架中的一些最佳实践。结合加拿大NFC移动支付参考模型(Canadian NFC- mprm)的合理风险数据,分析了NFC- bpt的风险和威胁。分析风险的输出被映射到COBIT5(信息和相关技术控制目标)的风险和COBIT5的保证过程,通过这些过程,将获得一个全面的保证步骤,用于支付凭证发行方和接收方的数据安全、欺诈、盗窃和恶意软件。
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