Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions

NANDHAKUMAR S; TULASI S S; PRAVEEN V; SARAN KUMAR S; SIVAPRIYA G; PRIYA L

Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions

April 2024

Vol-10, Issue-2

Paper ID: 23095

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

CYBER SECURITY

Keywords

Secured Banking Cyber Security Cyber Attacks E-Banking Banking Hacking Transaction Payment Gateway security online banking authentication encryption fraud detection

Abstract

In the current digital era, the landscape of financial transactions has undergone a notable transformation due to the emergence of e-banking systems. E-banking, also referred to as electronic banking, involves conducting a variety of banking activities over the Internet, offering customers unmatched convenience and access to their accounts and financial services anytime, anywhere. This encompasses tasks such as checking account balances, transferring funds between accounts, paying bills, and even applying for loans or mortgages, all without the need to physically visit a bank branch. However, this convenience also brings about security concerns. With the escalating frequency and sophistication of cyber threats, ensuring the security and reliability of online financial transactions has become paramount. E-banking systems must implement robust security measures to safeguard sensitive customer data, prevent unauthorized access, and combat fraudulent activities like phishing attacks and identity theft. Thus, enhancing security and instilling trust in e-banking systems is not only crucial for financial institutions to protect their customers' assets but also essential for upholding the integrity and functionality of the entire digital banking ecosystem.

License

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Author Information

#	Name	Institute / Affiliation
1	NANDHAKUMAR S	BANNARI AMMAN INSTITUTE OF TECHNOLOGY
2	TULASI S S	BANNARI AMMAN INSTITUTE OF TECHNOLOGY
3	PRAVEEN V	BANNARI AMMAN INSTITUTE OF TECHNOLOGY
4	SARAN KUMAR S	BANNARI AMMAN INSTITUTE OF TECHNOLOGY
5	SIVAPRIYA G	KONGU ENGINEERING COLLEGE
6	PRIYA L	BANNARI AMMAN INSTITUTE OF TECHNOLOGY

How to Cite

Use the following formats to cite this article in your research.

APA Style

S, NANDHAKUMAR, S, TULASI S, V, PRAVEEN, S, SARAN KUMAR, G, SIVAPRIYA, & L, PRIYA (2024). Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions. International Journal of Advance Research and Innovative Ideas In Education, 10(2), 2549-2555.

MLA Style

S, NANDHAKUMAR, et al. "Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions." International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 2, 2024, pp. 2549-2555.

IEEE Style

NANDHAKUMAR S, TULASI S S, PRAVEEN V, SARAN KUMAR S, SIVAPRIYA G, and PRIYA L, "Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions," International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 2, pp. 2549-2555, 2024.

Vancouver Style

S NANDHAKUMAR, S TULASI S, V PRAVEEN, S SARAN KUMAR, G SIVAPRIYA, L PRIYA. Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions. International Journal of Advance Research and Innovative Ideas In Education. 2024;10(2):2549-2555.

Harvard Style

S, NANDHAKUMAR, S, TULASI S, V, PRAVEEN, S, SARAN KUMAR, G, SIVAPRIYA, & L, PRIYA (2024) 'Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions', International Journal of Advance Research and Innovative Ideas In Education, 10(2), pp. 2549-2555.

Chicago Style

S, NANDHAKUMAR, et al. "Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions." International Journal of Advance Research and Innovative Ideas In Education 10, no. 2 (2024): 2549-2555.

Turabian Style

S, NANDHAKUMAR, et al. "Secured E-Banking System: Enhancing Security and Trust in Online Financial Transactions." International Journal of Advance Research and Innovative Ideas In Education 10, no. 2 (2024): 2549-2555.