Securely Eradicating Cellular Dependency for E-Banking Applications
Journal Title: International Journal of Advanced Computer Science & Applications - Year 2018, Vol 9, Issue 2
Abstract
Numerous applications are available on the Internet for the exchange of personal information and money. All these applications need to authenticate the users to confirm their legitimacy. Currently, the most commonly employed credentials include static passwords. But people tend to behave carelessly in choosing their passwords to avoid the burden of memorizing complex passwords. Such frail password habits are a severe threat to the various services available online especially electronic banking or e-banking. For eradicating the necessity of creating and managing passwords, a variety of solutions are prevalent, the traditional ones being the usage of One-Time-Password (OTP) that refers to a single session/transaction password. However, the majority of the OTP-based security solutions fail to satisfy the usability or scalability requirements and are quite vulnerable owing to their reliance on multiple communication channels. In this paper, the most reliable and adoptable solution which provides better security in online banking transactions is proposed. This is an initiative to eradicate the dependency on Global System for Mobile communication (GSM) that is the most popular means of sending the One-Time-Passwords to the users availing e-banking facilities.
Authors and Affiliations
Bisma Rasool Pampori, Tehseen Mehraj, Burhan Ul Islam Khan, Asifa Mehraj Baba, Zahoor Ahmad Najar
Keywords
Related Articles
- EP ID EP277051
- DOI 10.14569/IJACSA.2018.090253
- Views 101
- Downloads 0
Method for Uncertainty Evaluation of Vicarious Calibration of Spaceborne Visible to Near Infrared Radiometers
A method for uncertainty evaluation of vicarious calibration for solar reflection channels (visible to near infrared) of spaceborne radiometers is proposed. Reflectance based at sensor radiance estimation method for sola...
Predicting Fork Visibility Performance on Programming Language Interoperability in Open Source Projects
Despite a variety of programming languages adopted in open source (OS) projects, fork variation on some languages has been minimal and slow to be adopted, and there is little research as to why this is so. We therefore e...
Self Interference Cancellation in Co-Time-Co-Frequency Full Duplex Cellular Communication
The performance of co-time co-frequency full duplex (CCDF) communication systems is limited by the self-interference (SI), which is the result of using the same frequency for transmission and reception. However, current...
Design and Analysis of a Novel Low-Power SRAM Bit-Cell Structure at Deep-Sub-Micron CMOS Technology for Mobile Multimedia Applications
The growing demand for high density VLSI circuits and the exponential dependency of the leakage current on the oxide thickness is becoming a major challenge in deep-sub-micron CMOS technology. In this work, a novel Stati...
Evaluating Confidentiality Impact in Security Risk Scoring Models
Risk scoring models assume that confidentiality evaluation is based on user estimations. Confidentiality evaluation incorporates the impacts of various factors including systems' technical configuration, on the processes...