In this paper, a study has been performed on the design of small loop probe and analysis of induced electromagnetic wave signal from a smartcard for contactless cryptographic analysis. Probes for cryptographic analysis are different from conventional EM probes, because the purpose of proposed probe is to obtain the information for secret key analysis of cryptographic system. The waveform of induced voltage on probe must be very close to radiated waveform from IC chip on smartcard because electromagnetic attack makes an attempt to analyze the radiated waveform from smartcard. In order to obtain secret key information, we need to study about cryptographic analysis using electromagnetic waves, an approximate model of source, characteristic of probe for cryptographic analysis, measurement of electromagnetic waves and calibration of probes. We measured power consumption signal on a smartcard chip and electromagnetic wave signal using proposed probe and compared with two signals of EMA point of view. We verified experimently the suitability of the proposed small loop probe for contactless cryptographic analysis by applying ARIA algorithm.