RISK FACTORS AND SECURITY ISSUES INHERENT IN ONLINE BANKING
Sapna Malik, Vinita Chaudhary · 2017
Online banking, also known as Internet Banking, e-banking or virtual banking, is an electronic payment system that enables customers of a Bank or other financial institution to conduct a range of Financial transactions through the financial institution’s website. With the extensive use of technology particularly internet by users, banking is becoming more dependent on technology. Unfortunately, with this the cyber-crimes related to banks are also increasing stupendously. Banks have taken a lot of steps for safety and security of their assets, yet these conventional security mechanisms are no longer optimum as still attackers are able to bypass these security mechanisms.[1]