Rehashing system security solutions in e-banking
Applications meant for exchanging cash, or individual data are becoming progressively common in mobile communications and on the Internet. The expansion of electronic banking services by utilizing various electronic channels provide added value to the users. As such, client authentication is require...
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iium-709292019-07-12T07:55:30Z http://irep.iium.edu.my/70929/ Rehashing system security solutions in e-banking Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat TK7885 Computer engineering Applications meant for exchanging cash, or individual data are becoming progressively common in mobile communications and on the Internet. The expansion of electronic banking services by utilizing various electronic channels provide added value to the users. As such, client authentication is required in these applications for affirming the legitimacy of the clients. The most widely recognized service of accreditations utilized today is the static passwords. Weak passwords prove to be an awful choice because it exposes online banking services to various security dangers. Different arrangements have been put forward to eradicate the clients' need for the creation and management of passwords. In this regard, a typical method developed is the one-time password (OTP), i.e., passwords which remain valid for a single exchange or session. Sadly, the vast majority of these password arrangements doesn't fulfil the requirement of usability and scalability and hence can be considered to be unreliable. In this paper, the usability and security facets of the present-day strategies for validation schemes centred on non-OTP and OTP structures are contemplated. At last, the loopholes, as well as the open challenges, are discussed, highlighting their prominence in the related field of study. Science Publishing Corporation 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/70929/1/IJET-23148.pdf Khan, Burhan ul Islam and Olanrewaju, Rashidah Funke and Anwar, Farhat (2018) Rehashing system security solutions in e-banking. International Journal of Engineering & Technology, 7 (4). pp. 4905-4910. E-ISSN 2227-524X https://www.sciencepubco.com/index.php/ijet/article/view/23148 10.14419/ijet.v7i4.23148 |
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TK7885 Computer engineering Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat Rehashing system security solutions in e-banking |
description |
Applications meant for exchanging cash, or individual data are becoming progressively common in mobile communications and on the Internet. The expansion of electronic banking services by utilizing various electronic channels provide added value to the users. As such, client authentication is required in these applications for affirming the legitimacy of the clients. The most widely recognized service of accreditations utilized today is the static passwords. Weak passwords prove to be an awful choice because it exposes online banking services to various security dangers. Different arrangements have been put forward to eradicate the clients' need for the creation and management of passwords. In this regard, a typical method developed is the one-time password (OTP), i.e., passwords which remain valid for a single exchange or session. Sadly, the vast majority of these password arrangements doesn't fulfil the requirement of usability and
scalability and hence can be considered to be unreliable. In this paper, the usability and security facets of the present-day strategies for validation schemes centred on non-OTP and OTP structures are contemplated. At last, the loopholes, as well as the open challenges, are discussed, highlighting their prominence in the related field of study. |
format |
Article |
author |
Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat |
author_facet |
Khan, Burhan ul Islam Olanrewaju, Rashidah Funke Anwar, Farhat |
author_sort |
Khan, Burhan ul Islam |
title |
Rehashing system security solutions in e-banking |
title_short |
Rehashing system security solutions in e-banking |
title_full |
Rehashing system security solutions in e-banking |
title_fullStr |
Rehashing system security solutions in e-banking |
title_full_unstemmed |
Rehashing system security solutions in e-banking |
title_sort |
rehashing system security solutions in e-banking |
publisher |
Science Publishing Corporation |
publishDate |
2018 |
url |
http://irep.iium.edu.my/70929/ http://irep.iium.edu.my/70929/ http://irep.iium.edu.my/70929/ http://irep.iium.edu.my/70929/1/IJET-23148.pdf |
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2023-09-18T21:40:41Z |
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2023-09-18T21:40:41Z |
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1777413119086166016 |