Skip to main content

NETELLER - Privacy and security design flaw

Yesterday, colleague of mine brought to my notice about a payment system called NETELLER and it's merchant API named NETELLER Direct API V4.

This NETELLER Direct API V4, helps the merchant to collect amount from users. It's simple--same just like early Authorize.net, along with the required amount you collect the user's id and password and post them to their API URL and they'll send you back with success or error codes in XML format.

The major problem with these types of system is security and privacy--you lose both as you're forced to type your username and password in alien web page. If I remember right, this is was the case with Authorize.net and they changed their design to something like PayPal. The PayPal design is somewhat better as you never type or forced to type your username and password in other alien web pages.

The alien merchant web page uses NETELLER Direct API V4 is forced to get user's NETELLER account and password. I'm much sure that the alien website will obviously store such info--but what if they tried to access user's NETELLER account?

The funniest part of this NETELLER design is that they call it more secure and in their security page they advice "Never share your NETELLER Password or Secure ID with anyone. You will never be asked to disclose your password or Secure ID by a NETELLER representative or anyone affiliated with NETELLER."

Beware of NETTELLER!--until they fix their design flaw.

Comments

Post a Comment

Popular posts from this blog

Open source resume templates with JSON-LD (SEO-friendly) support

I don't usually keep track of the projects that I worked on. I have been recently advised to keep resume updated with the projects list. And so I have searched for resume templates and tools. Indian resume Vs International resume During the process, I have found that there are vast differences between the format of Indian resumes and International resumes. Indian resumes are extremely verbose with number of projects, team size, client name, etc. whereas international format is more succinct and short. So I was kind of lost in the process in adopting the template. LinkedIn to the rescue? No. Unfortunately, LinkedIn format is "common" and is not easy to update. Moreover, these days LinkedIn has become signupware [sic] and so accessing resume is a nightmare. Enter JSON Resume JSON Resume is an awesome open source approach for creating resume. I accidentally came across while searching for JSON-LD format for resume. Couple of great features: Resume hosting (op...
Post a Comment
Read more

Technology prediction for 2018

Bubbles of bitcoin, blockchain, machine learning, deep learning, artificial intelligence and more People usually appreciate me for my predictions on technologies. As I already noted our team will quickly hit the edge case for any use cases and that's supposed to be the reason for my better prediction rate. And so, here are my predictions… Bitcoin bubble When Bitcoin became talk of the town/industry, I informed my boss and colleagues that I find no real use case for this digital currency--except in underground markets like drugs, etc. In fiat currencies, there is at least a way to take legal route, in case, if you've transferred the money and not received the goods. But, in Bitcoin, this is not possible at all as it is not a legal currency. So, if there is no trust, the chances that other person can cheat you by not sending the goods and or not transferring bitcoins after receiving goods. My stand above vindicated by the article Ten years in, nobody has come up with a...
Post a Comment
Read more

Anna Hazare hype, irresponsibile media?

In recent times, barkhagate scam clearly shows that the Indian media is much corrupt than the politicians. They give unnecessary hype to certain things to get TRP . Ever since Anna has gone compared himself with Gandhi and Shivaji , it was clear that he's trying to draw politicians attention. It was a clean tactic than what Medha Patkar or any maoists couldn't get such hype. The TwitGens [sic] can't really understand how a Lokpal (ombudsman) system can even be corrupt; remember that the author of Savaukku did quit from DVAC (Directorate of Vigilance and Anti-Corruption). Economic Times article on this issue shares my views; I don't understand why they couldn't get such views published in Times of India. I think, we can't expect anything good from the media that's vehemently pushing AIADMK. Will Lok Pal be a Super Bureaucrat? Anna Hazare: Was Lok Pal protest compatible with constitutional democracy?
Post a Comment
Read more