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A Study on Online Banking System and Protection against Potential Malwares

Author

Listed:
  • Nusrat Huq

    (American International University, Bangladesh)

  • Tasnuva Farin

    (American International University, Bangladesh)

Abstract

Online banking systems have provided massive advantages in the recent years. Malwares such as Trojans have helped increase bank frauds by means of ‘phishing’ and in the recent years this is rising at an alarming level, as criminals come out with more sophisticated and dangerous tools to commit e-crime. Banks are continuously updating their services online through implementation of advanced security solutions and tried to keep up with these criminals, however, the fraudsters come up with newer means to break the security systems set up by the banks. The article discusses ways in that businesses as well as customers can avoid or minimise such risks.

Suggested Citation

  • Nusrat Huq & Tasnuva Farin, 2017. "A Study on Online Banking System and Protection against Potential Malwares," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 6(1), pages 28-35, February.
  • Handle: RePEc:ods:journl:v:6:y:2017:i:1:p:28-35
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    File URL: http://www.jami.org.ua/Papers/JAMI_6_1_28-35.pdf
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    References listed on IDEAS

    as
    1. Martina Ferencova, 2012. "Investigating possibilities of using tools for promoting higher-education institutions in areas of e-communication," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 1(2), pages 151-159.
    2. Najmus Sahar Sayed & Gazia Sayed, 2013. "Indian Banking Sector: Measurement and Analysis of Market Value Added," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 2(3), pages 201-209.
    3. Anatoliy G. Goncharuk, 2016. "Banking Sector Challenges in Research," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(1), pages 34-39, February.
    4. Ferdoush Saleheen & Mahadi Hasan Miraz & Razamin Ramli, 2014. "IT Operations in Retail Banking: A Case Study," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 3(4), pages 245-250.
    5. Umit Karagozlu, 2016. "Managing Risks in Commercial Banks," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(4), pages 250-263, November.
    6. Mukta Srivastava, 2015. "E-Commerce In India: ‘You Haven’t Seen Enough of It’," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(2), pages 97-101.
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