International Journal of Recent Trends in Engineering & Research

online ISSN


Publication Date : 15/05/2020

DOI : 10.23883/IJRTER.CONF.20200315.034.DLJMF

Author(s) :


Conference Name :
2nd International Conference on New Scientific Creations in Engineering and Technology - 2020

Abstract :

To a rapid advancement in the electronic commerce technology, the use of online banking has dramatically increased. Online banking is used for purchasing goods and services with the help of virtual card and physical card whereas virtual card for online transaction and physical card for offline transaction. As net banking becomes the most popular mode of payment for both online as well as regular purchase, it provides cashless shopping. It will be the most convenient way to do online shopping, paying bills etc. In online payment mode, attackers need only little information for doing fraudulent transaction (secure code, card number, expiration date etc.). In this purchase method, mainly transactions will be done through Internet or telephone. To commit fraud in these types of purchases, a fraudster simply needs to know the card details. Most of the time, the genuine cardholder is not aware that someone else has seen or stolen his card information. Hence, risks of fraud transaction using banking information have also been increasing. In the existing cyber security system, fraudulent transaction will be detected after transaction is done. It is difficult to find out fraudulent and regarding loses will be barred by issuing authorities. So in this project we can implement vertical level server system to partition the intermediate gateway with improved security. Transaction details are splited and stored as sensitive attributes in primary and secondary servers. And also implement data suppression scheme to replace the string and numerical characters into special symbols to overcome the traditional cryptography schemes.

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