Eighth ACIS International Conference on Software Engineering, Artificial Intelligence, Networking, and Parallel/Distributed Computing (SNPD 2007) Security Analysis for Internet Banking Models Haier International Training Center, Qingdao, China July 30-August 01 ISBN: 0-7695-2909-7
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/SNPD.2007.532
Internet banking fraud can be performed internally by genuine staff or externally by customers or suppliers. This paper presents a security analysis of the proposed Internet banking model compared with that of the current existing models used in fraudulent Internet payments detection and prevention. Several modern models in preventing and detecting fraud are evolving and being applied to many banking systems. However, they have no effective detection mechanism to identify legitimate users and trace their unlawful activities. Also they are not secure enough to prevent fraudulent users from performing fraudulent transactions over the Internet. The proposed model facilitates Internet banking Fraud Detection and Prevention (FDP) by applying two new secure mechanisms, Dynamic Key Generation (DKG) and Group Key (GK).
Index Terms:
Internet banking, Fraud, Secure model, Dynamic Key and Group Key mechanisms.
Citation:
Osama Dandash, Phu Dung Le, Bala Srinivasan, "Security Analysis for Internet Banking Models," snpd, vol. 3, pp.1141-1146, Eighth ACIS International Conference on Software Engineering, Artificial Intelligence, Networking, and Parallel/Distributed Computing (SNPD 2007), 2007 Usage of this product signifies your acceptance of the Terms of Use. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||