A Novel Cryptographic Encryption Technique for the Security Enhancement of Electronic Transactions

Grace Odette Boussi, Himanshu Gupta, Syed Akhter Hossain, Fila Rudy J. J · 2023

Cybersecurity has been a trending topic for years now, different propositions, studies, and work have been suggested in various forms by other authors all over the world, but the impact of crime is still around us. In the present area, we cannot say that data is safe when it is hidden from an unauthorized person, but it is safe when the intruder cannot understand it, hence encryption is the suitable solution at the moment. Encryption is one of the techniques that we use to protect our data from unauthorized persons. In this technique, we do not stop the unauthorized person from accessing our information, but we made our data appear in an incomprehensive form to the intruder, only the person with the correct key can decrypt the encrypted message. Many encryption techniques are available, and the commonly used and modern ones are RSA, AES, and HAS, each of them is suitable for different scenarios and are all helpful for cyber security. In this paper, we will propose a framework that provides an additional layer of security for any sensitive information in general and those in the banking sector.

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