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.
Highlights
E-Banking is one of the major parts of e-finance
Customers trust on e-banking depends on e-banking security
Software security is the major part of e-banking security
Summary
E-Banking is one of the major parts of e-finance. It can be applied to the banking operations, which done over World Wide Web. Salehi [3] have provided that a strong banking industry is important in every country and significant affects in supporting economic development through efficient financial services. A customer would go to the financial institution's secured website, and enter the online banking facility using the customer number and password previously setup. Some financial institutions have set up additional security steps for access to online banking, but there is no consistency to the approach adopted [4]. Customers may be depended on security level of ebanking They have deposited their valuable assets including cash in bank. The customer's financial information is very important for the case of e-banking security. The aim of this article is to present the security status of e-banking in Bangladesh
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