Scrutinising internet banking security solutions
Internet-banking is a crucial service offered by financial Institutions and has gained popularity at a high pace. Owing to the increasing usage of this service, it is being frequently targeted by adversaries. The login process by the user is one of the main points that are at risk of this assault...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English English |
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Inderscience Enterprises Ltd.
2020
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/80082/ http://irep.iium.edu.my/80082/7/80082%20Scrutinising%20internet%20banking%20security%20solutions.pdf http://irep.iium.edu.my/80082/8/80082%20Scrutinising%20internet%20banking%20security%20solutions%20SCOPUS.pdf |
| _version_ | 1848788900476092416 |
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| author | Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat Mir, Roohie Naaz Yaacob, Mashkuri |
| author_facet | Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat Mir, Roohie Naaz Yaacob, Mashkuri |
| author_sort | Khan, Burhan ul Islam |
| building | IIUM Repository |
| collection | Online Access |
| description | Internet-banking is a crucial service offered by financial Institutions
and has gained popularity at a high pace. Owing to the increasing usage of this
service, it is being frequently targeted by adversaries. The login process by the
user is one of the main points that are at risk of this assault. Hence, a robust
security mechanism is essential for warding off those risks. Among other
security solutions, a typical arrangement presently employed is the one-time
password (OTP), i.e., passwords that remain valid for a single exchange or
session. However, the majority of these password generation and processing
mechanisms do not fulfil the requirement of usability and/or scalability and
hence can be considered as less reliable/fragile. This paper reviews the security
mechanisms in E-banking. The pros and con of OTP as well as other non-OTP
security solutions have been |
| first_indexed | 2025-11-14T17:48:10Z |
| format | Article |
| id | iium-80082 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:48:10Z |
| publishDate | 2020 |
| publisher | Inderscience Enterprises Ltd. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-800822020-12-09T04:40:16Z http://irep.iium.edu.my/80082/ Scrutinising internet banking security solutions Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat Mir, Roohie Naaz Yaacob, Mashkuri HG1501 Banking QA76 Computer software T10.5 Communication of technical information Internet-banking is a crucial service offered by financial Institutions and has gained popularity at a high pace. Owing to the increasing usage of this service, it is being frequently targeted by adversaries. The login process by the user is one of the main points that are at risk of this assault. Hence, a robust security mechanism is essential for warding off those risks. Among other security solutions, a typical arrangement presently employed is the one-time password (OTP), i.e., passwords that remain valid for a single exchange or session. However, the majority of these password generation and processing mechanisms do not fulfil the requirement of usability and/or scalability and hence can be considered as less reliable/fragile. This paper reviews the security mechanisms in E-banking. The pros and con of OTP as well as other non-OTP security solutions have been Inderscience Enterprises Ltd. 2020-02-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/80082/7/80082%20Scrutinising%20internet%20banking%20security%20solutions.pdf application/pdf en http://irep.iium.edu.my/80082/8/80082%20Scrutinising%20internet%20banking%20security%20solutions%20SCOPUS.pdf Khan, Burhan ul Islam and Olanrewaju, Rashidah Funke and Anwar, Farhat and Mir, Roohie Naaz and Yaacob, Mashkuri (2020) Scrutinising internet banking security solutions. International Journal of Information and Computer Security, 12 (2-3). pp. 269-302. ISSN 1744-1765 E-ISSN 1744-1773 https://www.inderscienceonline.com/doi/abs/10.1504/IJICS.2020.105180?journalCode=ijics 10.1504/IJICS.2020.105180 |
| spellingShingle | HG1501 Banking QA76 Computer software T10.5 Communication of technical information Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat Mir, Roohie Naaz Yaacob, Mashkuri Scrutinising internet banking security solutions |
| title | Scrutinising internet banking security solutions |
| title_full | Scrutinising internet banking security solutions |
| title_fullStr | Scrutinising internet banking security solutions |
| title_full_unstemmed | Scrutinising internet banking security solutions |
| title_short | Scrutinising internet banking security solutions |
| title_sort | scrutinising internet banking security solutions |
| topic | HG1501 Banking QA76 Computer software T10.5 Communication of technical information |
| url | http://irep.iium.edu.my/80082/ http://irep.iium.edu.my/80082/ http://irep.iium.edu.my/80082/ http://irep.iium.edu.my/80082/7/80082%20Scrutinising%20internet%20banking%20security%20solutions.pdf http://irep.iium.edu.my/80082/8/80082%20Scrutinising%20internet%20banking%20security%20solutions%20SCOPUS.pdf |