E-Banking Security: Online Threats and Defenses

To protect yourself against e-banking fraud and the latest e-banking fraud techniques, such as phishing, Trojans and man-in-the-middle attacks a benchmark analysis and risk assessment of your current e-banking authentication system should be performed first.

e-Banking Fraud Schemes Overview :
• Phishing trends, such as spear phishing, pharming, whaling and fast-flux service networks
• Spyware methods, such as banking Trojans
• Man-in-the-middle attacks
• The cyber crime black market
• e-banking fraud statistics
Security Analysis Report:
Using a benchmark analysis approach to evaluate your current e-banking authentication systems and methods. This analysis generates a report that covers:

• The strengths and weaknesses of your existing authentication system
• Security benchmarking of your existing authentication system
• Details of your system’s weaknesses, prioritized by risk

Security Advice
benchmark test provides a thorough review of the latest authentication technologies on the market and recommends those best suited to your circumstances as:

• Security features, such as one-time passwords and e-signatures
• Security features of different authentication platforms, such as hardware authenticators, smart card-based solutions and software-based solutions
• Proper implementation of authentication technologies to prevent social engineering attacks