International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

Impact Factor (2025): 6.9

DOI Prefix: 10.47001/IRJIET

Online Security Framework for e-Banking Services: A Review

Abstract

The emergence of Internet banking has allowed banks to offer their customers relatively convenient and flexible banking, also known as e-banking. These services now come in a wide range, including but not limited to conducting fund transfers, managing and checking account, and bill payments. Despite benefits that banks are offering to their customers through online services, e-banking has also raised many security issues. Computer hackers have developed a variety of elusive methods for stealing Internet bankers’ money. Although there are many advantages of online banking, security issues often discourage customers from using it, as many customers have found that the use of online banking could leave their financial assets at risk. The primary services that customers use via the Internet are transferring money across accounts, paying bills, checking account balances, and sending and receiving confidential information between banks and fellow customers. The rise in cyber-attacks has caused a decline in the use of online banking and has negatively affected consumer confidence in the ability of financial institutions to protect them. Consumers are questioning the safety of their money and information and are looking up to banks to fix the problem. Therefore this paper reviewed online security framework for e-Banking services.

Country : Nigeria

1 Dr.Oye N D2 Sarjiyus O

  1. Department of Computer Science, MAUTECH, Yola, Nigeria
  2. Department of Computer Science, ADSU, Mubi, Nigeria

IRJIET, Volume 3, Issue 2, February 2019 pp. 6-21

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