NDLI: Security, privacy and efficiency of Internet banking transactions

Content Provider	IEEE Xplore Digital Library
Author	Ronchi, C. Khodjanov, A. Mahkamov, M. Zakhidov, S.
Copyright Year	2011
Description	Author affiliation: EISST Development Laboratory (Ronchi, C.; Khodjanov, A.; Mahkamov, M.; Zakhidov, S.)
Abstract	ABbstract The last decade has witnessed the emergence of a plethora of approaches for securing financial transactions over the Internet. During the same period, attacks have matured from isolated exploits to an organized e-criminal industry. In the midst of this evolution stood the End User, whose instances have often been neglected under the assumption that refunding financial losses is all that mattered. This paper analyzes the existing deployments of Internet banking services from the perspective of the End User, whose main goal is completing the online transaction. The sole use on the client side of so-called “trusted” hardware devices will be discussed and shown to fall short of the requirements for truly secure Internet banking. Evidence will be provided in support of the need to protect the client components using connected devices and applying software hardening techniques to lower the hacking ROI and help rebalance forces in the fight against cyber criminals. A new metric for gauging the effectiveness of security software will be described and applied to measure the practical security of existing Internet banking systems. Finally, a number of guidelines will be provided for assuring that reasonable care is exercised in the design and deployment of Internet banking systems.
Starting Page	216
Ending Page	222
File Size	124626
Page Count	7
File Format	PDF
ISBN	9781424488797
e-ISBN	9780956426376
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2011-02-21
Publisher Place	United Kingdom
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Computers Online banking Software Malware Browsers Internet
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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