International Journal of Advanced Research in Computer Science and Software Engineering (IJARCSSE)
Online banking has become increasingly important to the profitability of financial institutions as well as adding convenience for their customers. As the number of customers using online banking increases, online banking systems are becoming more desirable targets for criminals to attack. To maintain their customers' trust and confidence in the security of their online bank accounts, financial institutions must identify how attackers compromise accounts and develop methods to protect them. The unique aspect about security in banking industry is that the security posture of a bank does not depend solely on the safeguards and practices implemented by the bank, it is equally dependent on the awareness of the users using the banking channel and the quality of end-user terminals.