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Near field Communications: Is it worth it?

Near field Communications: Is it worth it?. David Wynne. Systemanalyse und Programmentwicklung. System Analysis and Program Development. SAP. Founded in 1972 in Germany 5 former IBM employees Created their first financial accounting system within first year of operation

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Near field Communications: Is it worth it?

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  1. Near field Communications: Is it worth it? David Wynne

  2. Systemanalyse und Programmentwicklung • System Analysis and Program Development

  3. SAP • Founded in 1972 in Germany • 5 former IBM employees • Created their first financial accounting system within first year of operation • Throughout the years, became leader in the Information Technology field

  4. Smart Vending Machine Link to Article

  5. Capabilities of Vending Machine • Customers with NFC-enabled phones can link their credit card info and their social media accounts to the vending machine • This provides quick, efficient payment, and gives company an idea of consumers’ tastes and preferences

  6. Pros/Cons of Smart Vending Machine

  7. Security Risks with NFC technology • Vending Machine is stationary; an easy target for hackers • Third-Party Eaves-Dropping • Data Disruption/Corruption • Man-In-The-Middle Attacks

  8. Hackers • Without a secure channel that NFC transactions take place over, hackers can block, disrupt, corrupt, or steal data information being transferred without the two parties knowing

  9. Conclusion • Traditionally paid for with cash • If it’s not broke, don’t fix it • Why take a security risk for something so simple?

  10. References Boden, Rian. "SAP to put NFC in vending machines."NFCworld.com. NFC World, 09 Oct 2013. Web. 10 Oct 2013. <http://www.nfcworld.com/ 2013/10/09/326323/sap-put-nfc-vending-machines/>. Poole, Ian. "NFC Security." radio-electronics.com. Radio-Electronics. Web. 10 Nov 2013. <http://www.radio-electronics.com/info/ wireless/nfc/nfc-near-field-communications-security.php>. "1972-1981: the early years." global.sap.com. SAP. Web. 9 Nov 2013. <http://global.sap.com/corporate-en/our-company/ history/1972-1981.ep&xgt;. "2002-present: real-time data where and when you see it."global.sap.com. SAP. Web. 9 Nov 2013. <http://global.sap.com/corporate-en/our-company/history/ 2002-present.ep&xgt;.

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