Security of E-Banking in Bangladesh

Mohammad Shamsus Sadekin; Md. Abdul Hannan Shaikh

doi:doi:10.11648/j.jfa.20160401.11

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Security of E-Banking in Bangladesh

Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh

Published in Journal of Finance and Accounting (Volume 4, Issue 1)

Received: 25 December 2015 Accepted: 4 January 2016 Published: 15 January 2016

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Abstract

E-banking implies provision of banking products and services through electronic delivery channels. It permits anytime, anywhere and any how banking. It offers easy, faster, convenient, low cost banking services around the clock. Security has been recognized as a capital component of electronic banking industry. The main factor of e-banking practice and security are different from traditional banking services because of uncertain nature of the online environment. Every steps in the online banking activities are secured by one or more security mechanisms. This paper discusses the substantial cracks in existing knowledge about the internet banking security in Bangladesh. The typical data is collected both from the secondary and primary sources. In analyzing data, the statistical tools have used with the aid of SPSS software. The result shows that e-banking practice is not highly secured in Bangladesh. The users also have lack of awareness about e-banking security.

Published in	Journal of Finance and Accounting (Volume 4, Issue 1)
DOI	10.11648/j.jfa.20160401.11
Page(s)	1-8
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

E-Banking, Security, Password

References

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[2]	Graven M P, Electronic money. PC Magazine, 8 August, (2000).
[3]	Salehi M, Ali M and Zhila A., Islamic Banking Practice and Satisfaction: Empirical Evidence From Iran. ACRM Journal of Business and Management, Research. 3(2), 35-41(2008).
[4]	Cronin M J, Banking and Finance on the Internet. John Wiley and Sons (1997).
[5]	Chavan J, Internet Banking-Benefits and Challenges in an Emerging Economy. International Journal of Research in Business Management, 1 (1), 19-26 (2013).
[6]	Nattakant U, Online Banking Users in Western Australian of Phishing Attacks” P. hd Thesis, Faculty of Computing, Health and Science, Edith Cowan University, (2012).
[7]	Biswas S et. al., Electronic Banking in Bangladesh: Security Issues, Forms, Opportunities and Challenges. Canadian Journal on Scientific and Industrial Research. 2(5), (2011).
[8]	Wysopal C, Eng C, Static Detection of Application Backdoors". Veracode. (2015).
[9]	Islam M M, Proposed ICT Infrastructure for E-banking in Bangladesh. Department of Computer and Systems Sciences, Royal Institute of Technology (KTH), Stockholm, Sweden (2005).
[10]	Parker D B, Fighting Computer Crime: A New Framework for Protecting Information. New York: John Wiley & Sons, Inc., (1998).

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APA Style

Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. (2016). Security of E-Banking in Bangladesh. Journal of Finance and Accounting, 4(1), 1-8. https://doi.org/10.11648/j.jfa.20160401.11

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ACS Style

Mohammad Shamsus Sadekin; Md. Abdul Hannan Shaikh. Security of E-Banking in Bangladesh. J. Finance Account. 2016, 4(1), 1-8. doi: 10.11648/j.jfa.20160401.11

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AMA Style

Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. Security of E-Banking in Bangladesh. J Finance Account. 2016;4(1):1-8. doi: 10.11648/j.jfa.20160401.11

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@article{10.11648/j.jfa.20160401.11,
  author = {Mohammad Shamsus Sadekin and Md. Abdul Hannan Shaikh},
  title = {Security of E-Banking in Bangladesh},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {1},
  pages = {1-8},
  doi = {10.11648/j.jfa.20160401.11},
  url = {https://doi.org/10.11648/j.jfa.20160401.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160401.11},
  abstract = {E-banking implies provision of banking products and services through electronic delivery channels. It permits anytime, anywhere and any how banking. It offers easy, faster, convenient, low cost banking services around the clock. Security has been recognized as a capital component of electronic banking industry. The main factor of e-banking practice and security are different from traditional banking services because of uncertain nature of the online environment. Every steps in the online banking activities are secured by one or more security mechanisms. This paper discusses the substantial cracks in existing knowledge about the internet banking security in Bangladesh. The typical data is collected both from the secondary and primary sources. In analyzing data, the statistical tools have used with the aid of SPSS software. The result shows that e-banking practice is not highly secured in Bangladesh. The users also have lack of awareness about e-banking security.},
 year = {2016}
}

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TY  - JOUR
T1  - Security of E-Banking in Bangladesh
AU  - Mohammad Shamsus Sadekin
AU  - Md. Abdul Hannan Shaikh
Y1  - 2016/01/15
PY  - 2016
N1  - https://doi.org/10.11648/j.jfa.20160401.11
DO  - 10.11648/j.jfa.20160401.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 1
EP  - 8
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160401.11
AB  - E-banking implies provision of banking products and services through electronic delivery channels. It permits anytime, anywhere and any how banking. It offers easy, faster, convenient, low cost banking services around the clock. Security has been recognized as a capital component of electronic banking industry. The main factor of e-banking practice and security are different from traditional banking services because of uncertain nature of the online environment. Every steps in the online banking activities are secured by one or more security mechanisms. This paper discusses the substantial cracks in existing knowledge about the internet banking security in Bangladesh. The typical data is collected both from the secondary and primary sources. In analyzing data, the statistical tools have used with the aid of SPSS software. The result shows that e-banking practice is not highly secured in Bangladesh. The users also have lack of awareness about e-banking security.
VL  - 4
IS  - 1
ER  -

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Author Information

Mohammad Shamsus Sadekin

Department of Humanities, Chittagong University of Engineering & Technology, Chittagong, Bangladesh
Md. Abdul Hannan Shaikh

Department of Management, Islamic University, Kushtia, Bangladesh

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APA Style

Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. (2016). Security of E-Banking in Bangladesh. Journal of Finance and Accounting, 4(1), 1-8. https://doi.org/10.11648/j.jfa.20160401.11

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ACS Style

Mohammad Shamsus Sadekin; Md. Abdul Hannan Shaikh. Security of E-Banking in Bangladesh. J. Finance Account. 2016, 4(1), 1-8. doi: 10.11648/j.jfa.20160401.11

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AMA Style

Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. Security of E-Banking in Bangladesh. J Finance Account. 2016;4(1):1-8. doi: 10.11648/j.jfa.20160401.11

Copy | Download

@article{10.11648/j.jfa.20160401.11,
  author = {Mohammad Shamsus Sadekin and Md. Abdul Hannan Shaikh},
  title = {Security of E-Banking in Bangladesh},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {1},
  pages = {1-8},
  doi = {10.11648/j.jfa.20160401.11},
  url = {https://doi.org/10.11648/j.jfa.20160401.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160401.11},
  abstract = {E-banking implies provision of banking products and services through electronic delivery channels. It permits anytime, anywhere and any how banking. It offers easy, faster, convenient, low cost banking services around the clock. Security has been recognized as a capital component of electronic banking industry. The main factor of e-banking practice and security are different from traditional banking services because of uncertain nature of the online environment. Every steps in the online banking activities are secured by one or more security mechanisms. This paper discusses the substantial cracks in existing knowledge about the internet banking security in Bangladesh. The typical data is collected both from the secondary and primary sources. In analyzing data, the statistical tools have used with the aid of SPSS software. The result shows that e-banking practice is not highly secured in Bangladesh. The users also have lack of awareness about e-banking security.},
 year = {2016}
}

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TY  - JOUR
T1  - Security of E-Banking in Bangladesh
AU  - Mohammad Shamsus Sadekin
AU  - Md. Abdul Hannan Shaikh
Y1  - 2016/01/15
PY  - 2016
N1  - https://doi.org/10.11648/j.jfa.20160401.11
DO  - 10.11648/j.jfa.20160401.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 1
EP  - 8
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160401.11
AB  - E-banking implies provision of banking products and services through electronic delivery channels. It permits anytime, anywhere and any how banking. It offers easy, faster, convenient, low cost banking services around the clock. Security has been recognized as a capital component of electronic banking industry. The main factor of e-banking practice and security are different from traditional banking services because of uncertain nature of the online environment. Every steps in the online banking activities are secured by one or more security mechanisms. This paper discusses the substantial cracks in existing knowledge about the internet banking security in Bangladesh. The typical data is collected both from the secondary and primary sources. In analyzing data, the statistical tools have used with the aid of SPSS software. The result shows that e-banking practice is not highly secured in Bangladesh. The users also have lack of awareness about e-banking security.
VL  - 4
IS  - 1
ER  -

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