A Simple Method for Improving the Security of Internet Banking

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Provided by: Creative Commons
Topic: Security
Format: PDF
At present information technology takes the task of supporting and raising service efficiency in banking industry and expanding bank service opportunities to its customers. That's why all the big banks looking to enter the electronic transactions and banking more quickly and more serious and want supply banking services through the Internet to their customers. Besides the numerous benefits that go along with e-banking and e-commerce, the providers of these services must be more responsive towards security requirements. One method of increasing security is the One Time Passwords (OTPs) that enhances security compared to the usual password systems but have many weaknesses against certain kind of attacks, particularly the Phishing attacks.
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