Computer Security Solution for Online Banking

Computer Security Solution for Online Banking

Introduction

One major problem in the Internet banking is the security systems. A systematic increase in the value of transactions on the Internet justifies the need for continuous improvement of safety systems. Transaction security is essential in building trust between the customer and the bank. Although the currently used technology provide the necessary level of security of transactions conducted via the Internet, still visible is a psychological barrier that effectively influences the number of institutions embarking upon a network transaction. Ongoing work to improve the security of these systems and successes in this area, however, cause that the services offered by banks are becoming just as certain, as the services of universal banks.

Discussion

Procedure and security measures

The internet banking accounts are normally operated by registering with customer data and a key or a digital certificate. Other safety measures include:

Using encrypted connection with strong encryption, in case it can be a sniffer.

Save the password in a safe place or, better, memorize it and destroy it.

Normally there is some method to recover if you forget: you can apply at the ATM , telephone or on the same site can be requested to send home.

After sending home also can be forced to apply for activation by other means such as telephone. This minimizes the dangers of being intercepted mail.

If the key is intercepted and used without the user knowing, is the bank on who is responsible.

For activation you can request some safety data, to further reduce risks.

Browsers can store data entry form on the website of online banking. If there is a risk that you can view this information (for example, if there is a home computer) you have to prevent your browser store this information, especially the key .

It may also be advisable not to keep the cookies from the bank, because if the server recognizes, you can fill certain form data automatically.

Also key is often used another key called signature which is necessary to move money. The security measures on the signature must be even greater.

If not using a trusted computer, you may have installed a program that captures keystrokes on the keyboard. As an added security measure, you can enter the password by pressing a few buttons using the mouse . It is more difficult to ascertain the number down from the mouse position and even more if the buttons change positions every time you request authentication.

An important security feature of Internet banking is to confirm the transaction by using one-time passwords (so that the capture would not give an attacker to gain access to our finances). Although the theoretical possibility of replacing the server is still, however, implementation of such a fraud is problematic (especially when using an SSL connection with a certificate signed by a third party).

The four main methods to ensure safety in the online banking are:

encrypted data transmission - carried out over SSL

Simple authentication - (id, password, PIN)

Strong authentication - (e.g., token , user certificate, private key ).

electronic signature

Technically, it was in fact not broken into your bank during the attacks, but in the users' PCs. With an updated operating system and browser, firewall ...