Audit Trails and Logging Biometric Authentication for Data Security in Banking Using Reporting Tools

Abstract

Many sectors, including government, consumer electronics, and business security systems, are beginning to see the potential benefits of biometric authentication. More and more businesses, organisations, and individuals are turning to biometric security measures to keep cyberspace safe from malicious actors. Cybersecurity is the practice of protecting computer systems, networks, data, and software from intrusion and other forms of cyberattack. The provision of banking services through electronic means is known as "cyber banking." The rise of online banking is a reflection of the general shift in consumer spending habits. Despite its many advantages, online banking has been plagued by security breaches. Biometric security ensures the identity of individuals by confirming their behavioural and physical characteristics. It is the gold standard of physical security when it comes to verifying identities. Biometric authentication holds that individuals can be uniquely identified by their intrinsic physical or behavioural characteristics. To combat these difficulties, a plethora of security safeguards have been integrated across the entire online banking service. A major danger to the occurrence of criminal or terrorist behaviour, cybercrime has deep roots globally. These threats can jeopardise both internal and external security if no one in charge takes them seriously. Money and personal information are at risk if cybercrime goes undetected. Attacks on the Internet and its supporting infrastructure have happened before. Every single day, crimes involving computers occur, such as hacker attacks and online fraud. In order to combat the threat of cybersecurity and offer the banking industry with a high level of safety and security, the study delves into the essential characteristics of biometric systems in both conventional and Islamic banking