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literature review on online banking project

Literature Review On Online Banking

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Literature Review of E-Banking

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What is internet banking..


Advantages of online banking., convenience, time saving and money., ease and efficiency, on time gain and update information, profitability, cost effective, some security rules were also given, rule 1: install security software including an up to date scanner., rule 2: protect sensitive data when sending it over open network., rule 3: be sure you know who you are dealing with..

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Rule 4: Be careful with sensitive data and access media

Rule 5: choose a secure password., rule 6: only use a programme from a trustworthy source, rule 7: use up-to-date programme version, rule 8: run security checks on your pc, rule 9: the security setting on your internet browser must be activated., rule 10: do not make your current account available for fraudulent financial transaction., some online banking scurities available, internet security:.

Insider threat detection sill a challenge

Customer’s attitude, financial institution ad manager’s attitude and approach, laws, directives, regulations and standards, the sarbanes-oxley act (sox), the computer fraud and abuse act.

Employee Privacy Issues

Payment card industry data security standard (pci dss), a secured network must be built and maintained..

Data of Cardholder must be protected.

Vulnerability Management Program must be maintained.

Access Control Measures must be strong in its implementation.

Monitoring and Testing of Networks must be carried out regularly

An Information Security Policy must be developed and maintained.

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