Online Banking has become increasingly popular globally, because it is so easy and convenient for Internet users to manage their bank accounts from anywhere of the world at any time. Banks have encouraged for this trend for years, since Online Banking also saves lots of resources for the banks regarding of staff training, investment for ATMs and branches, and other operations costs. The Interne...

Providing banking services, especially online banking and electronic payment systems, has always been associated with high concerns about security risks. In this paper, customer authentication for their transactions in electronic banking has been discussed, and a more appropriate way of using biometric fingerprint data, as well as encrypting those data in a different way, has been suggest...

Advances in electronic banking technology have created novel ways of handling daily banking affairs, especially via the online banking channel. The acceptance of online banking services has been rapid in many parts of the world. In the leading e-banking countries the number of ebanking contracts has exceeded 50 percent. This study investigates into online banking acceptance in the light of the ...

Today, Internet fraud occurs more and more frequently, and its devastating effects for organisations, such as banks, as well as their clients constitutes a continuous nightmare for all parties concerned. With regard to criminal and civil liability of the bank as well as that of the customers, the role the Information Security Policy plays in an organisation, and the possibly binding force of in...

This paper refers important issues regarding how to evaluate the security threats of the online banking effectively, a system threat analysis method combining STRIDE threat model and threat tree analysis is proposed, which improves the efficiency of the threat analysis greatly and also has good practicability. By applying this method to the online banking system threat analysis, we construct ST...

I nternet banking is increasingly popular both in Norway and elsewhere. Banks have actively encouraged this cost-saving trend by persuading customers to sign up. Customers, attracted by online banking’s convenience, seem largely unconcerned about identity theft and phishing email scams. In fact, most customers seem to believe that Internet banking is quite safe simply because their banks told t...

Online banking systems allows consumers to access their banking accounts, review most recent transactions, request a current statement, transfer funds, view current bank rates and product information and reorder checks. These services that are offered by online banking systems are changing and being improved because of the intense competition between the banks. The major concern in online-banki...

Against the threat of online banking theft, governments are imposing two different types of legal schemes: strict liability and negligence. Countries like the U.S. are imposing strict liability on online banking transactions to ensure that service providers like banks take more care. However, under strict liability banks does not provide adequate client security measures. Countries like Korea a...

Online banking and electronic payment systems on the Internet are becoming increasingly advanced. On the machine level, transactions take place between client and server hosts through a secure channel protected with SSL/TLS. User authentication is typically based on two or more factors. Nevertheless, the development of various malwares and social engineering attacks transform the user’s PC in a...

The new information technology is becoming an important factor in the future development of financial services industry, and especially banking industry. Growing international trading and problems in transferring money have motivated researchers to introduce a new structure. Online banking is the newest delivery channel for retail banking services. Online banking facilitated by various Electron...