E-Banking: Security risks, previsions and recommendations

摘要

Nowadays, the expanded use of the Internet and the establishment of advanced technology systems lead to a wide and an international increase in the use of the online banking (also known as e-banking). However, the e-banking technology can be impacted by a range of fraud incidents and cyber-attacks. The present article aims to give a clear definition of the e-banking term. Also, it will describe the nature of the above mentioned. Finally, it will provide recommendations and suggestions in order to develop and strengthen the security aspect of the electronic banking.