International Journal of Scientific Research and Engineering Development

International Journal of Scientific Research and Engineering Development


( International Peer Reviewed Open Access Journal ) ISSN [ Online ] : 2581 - 7175

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State of Cyber Crime Safety and Security in Banking



   
International Journal of Scientific Research and Engineering Development (IJSRED)
Published Issue : Volume-3 Issue-4
Year of Publication : 2020
Unique Identification Number : IJSRED-V3I4P11
Authors :Lubna Tabassum


MLA

Lubna Tabassum "State of Cyber Crime Safety and Security in Banking" International Journal of Scientific Research and Engineering Development (IJSRED) Vol3-Issue4 | 72-76.



Abstract :

The article analyzes the security of threats and online transactions affecting banking systems. In the 21st century, these threats have started to penetrate online banking, focusing on banking systems with the help of pools of software engineers worldwide, from online lending to a fake lottery. Banking companies are confronted with fraud and fraud problems that assimilate customers and financial professionals working in banking institutions. Risk issues arise from the underlying malware that can affect payment information disclosure systems that allow us to use current hacking techniques. For example, electronic threat checks include biometric confirmation machines (PVN) that expel fraudsters from banking operations. Preparing for cyber security will allow banking services and individuals to improve security efforts. Reports suggest that cyber risk is a significant emergency that can affect banking systems and reduce opportunity odds.



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