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The security of information in financial transactions via mobile: Algorithms

Toolkit SIM applications are identified and described in this article based on a systematic review. In addition, there are some recommendations regarding to suit different situations to implement a particular algorithm for this issue. More results are subsequently explained in this paper. | International Journal of Computer Networks and Communications Security C VOL.1, NO.6, NOVEMBER 2013, 257–263 Available online at: www.ijcncs.org ISSN 2308-9830 N C S The Security of Information in Financial Transactions via Mobile: Algorithms ASSIS. PROF. DR. ELHAM FARIBORZI1*, ENG. HODA ANVARI KAZEMABAD2 1 Faculty member, Department of Educational Studies, Islamic Azad University-Mashhad Branch, Mashhad, Iran 2 Islamic Azad University-Mashhad Branch, Mashhad, Iran E-mail: 1elhamfariborzi@gmail.com, 2hodaanvari@yahoo.com *Corresponding author ABSTRACT Today, mobile commerce or m-commerce has been considered by many companies, business, and organizations. In mobile commerce, information security of financial transactions is very important. It is due to account information which exchanged including account number, password, credit accounts, etc. and the disclosure of this information will cause a lot of financial and moral losses. For this reason, it should be used algorithms for them to make and increase secure transactions. Among these algorithms, WAP, J2ME, Toolkit SIM applications are identified and described in this article based on a systematic review. In addition, there are some recommendations regarding to suit different situations to implement a particular algorithm for this issue. More results are subsequently explained in this paper. Keywords: Algorithms, security, mobile, mobile device. 1 INTRODUCTION In today's world, m-commerce has been discussed as one of the most important issues in business organizations and companies; Mobile Commerce is any transaction in which a financial exchange done via mobile communications networks [1]. According to this definition, mcommerce represents a subset of all e- commerce including both business-to-consumer and businessto-business. M-Commerce uses the internet for purchasing goods and services as well as sending and receiving messages using hand-held wireless devices. M-commerce can be defined such as: .