E-Banking Security: Threats, Challenges, Solutions, and Trends

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Author(s): Fabio Diniz Rossi (Federal Institute of Education, Science, and Technology of Farroupilha, Brazil), Rumenigue Hohemberger (Federal Institute of Education, Science, and Technology of Farroupilha, Brazil), Marcos Paulo Konzen (Federal Institute of Education, Science, and Technology of Farroupilha, Brazil)and Daniel Chaves Temp (Federal Institute of Education, Science, and Technology of Farroupilha, Brazil)
Copyright: 2020
Pages: 12
Source title: Encyclopedia of Criminal Activities and the Deep Web
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-5225-9715-5.ch060

Keywords: Criminal Science and Forensics / Criminology & Victimology / Information Science Reference / Social Sciences & Humanities

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Abstract

The online banking industry has overgrown in recent years and will continue to grow as economic organizations remain to encourage customers to handle online banking transactions such as money transfers, access to account information, or payment of monthly bills. During this period, internet criminals and fraudsters attempting to steal personal customer information hijacked online banking. This article proposes reviewing the ways by which fraudulent activities are performed and what banks are doing to prevent such activities, as well as the new security measures that banks are using to increase customer confidence. Therefore, the authors present the threats, challenges to address such threats, some trends, and future landscapes regarding online banking security.

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E-Banking Security: Threats, Challenges, Solutions, and Trends

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