Strategies of Safe Sign-in Online Banking for Safe Money Transaction

Document Type: Original Article

Authors

Department of Economics, Faculty of Humanities Sciences, University of Kiev, Ukraine

Abstract

Nowadays, a fundamental requirement considered for a person, is known Internet Banking. However, this electronic system suffers from serious issues such as FOBIA attack. In fact, an attack in which the internet user are pushes into transport money to an account belonging to the hacker is known as FOBIA. Although, a widespread discussion is found on security imposed on FOBIA, no effective solution is suggested. In the present research a well-designed framework is provided to address the FOBIA. It means a mechanism called Safe Mode Login Transaction (SMLT) is presented through the study that its main purpose is to detect, prevent and recover the FOBIA. 

Keywords