The document focuses on the work of industry body, GlobalPlatform, to clarify and simplify the security certification process to achieve an approach which balances security, functionality and cost requirements.
The white paper, titled ‘The NFC Security Quiz: 6 Key Questions Answered’, emphasises that all NFC stakeholders must understand their liabilities, undertake a risk assessment, seek clarity on areas of responsibility and investigate ways to confidently optimise security. This creates a ‘security chain’, which FIME believes every actor engaged in the NFC sector must actively support.
A key conclusion of the document is that the NFC security certification process must do more to recognise and address the discrepancy between the evolution speed of the mobile industry and certification speed of products with sensitive applications, such as payment. FIME states that the two must align or run the risk of significantly jeopardising product time to market and the long-term acceptance of the technology.
In recent news, FIME has integrated the new MasterCard Terminal Integration Process (M-TIP) questionnaire to its SAVVI test tool to validate that payment terminals are compliant to the MasterCard PayPass Specification v.3.0.1.
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