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Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT

The security risk report on mobile and internet banking technology has recorded a high-level financial loss globally, while personal data of customers and sensitive bank information are constantly at risk. This research explores the contextual banking technology issues in the financial industry. The...

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Main Authors: Owolewa, Rasheed O., Magalingam, Pritheega
Format: Article
Language:English
Published: Universiti Teknologi Malaysia 2019
Subjects:
T Technology (General)
Online Access:http://eprints.utm.my/id/eprint/88532/1/PritheegaMagalingam2019_FasterIdentificationandResolutionofRiskinMobile.pdf
http://eprints.utm.my/id/eprint/88532/
http://apps.razak.utm.my/ojs/index.php/oiji/article/view/189/151
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spelling my.utm.885322020-12-15T10:53:24Z http://eprints.utm.my/id/eprint/88532/ Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT Owolewa, Rasheed O. Magalingam, Pritheega T Technology (General) The security risk report on mobile and internet banking technology has recorded a high-level financial loss globally, while personal data of customers and sensitive bank information are constantly at risk. This research explores the contextual banking technology issues in the financial industry. The study uncovers different security issues in the existing mobile and internet banking technology and proposes a CLOUDSHIFT implementation framework as secure haven. Our CLOUDSHIFT solution evolves a faster cloud technology that can easily investigate, detect and resolve real-time potential failures or breaches within the banking system from any secure web server. CLOUDSHIFT leveraged on where internet-based computing thrive, as such the case of Malaysia was considered. To leverage further on this benefit, banks and financial services need a co-security centric approach in conjunction with cloud providers and third-party solution partners to implement this cyber fraud event management process. The CLOUDSHIFT provides important implications of cloud computing in combating cyber-fraud with a better strategic cloud migration framework that addresses the operational challenges of the internet and mobile banking. The framework was evaluated using Gai proposition value chain system and Amazon AWS proof of concept applicable to the financial industry. Universiti Teknologi Malaysia 2019 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/88532/1/PritheegaMagalingam2019_FasterIdentificationandResolutionofRiskinMobile.pdf Owolewa, Rasheed O. and Magalingam, Pritheega (2019) Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT. Open International Journal of Informatic s, 7 . pp. 1-11. ISSN 2289-2370 http://apps.razak.utm.my/ojs/index.php/oiji/article/view/189/151
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Owolewa, Rasheed O.
Magalingam, Pritheega
Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
description The security risk report on mobile and internet banking technology has recorded a high-level financial loss globally, while personal data of customers and sensitive bank information are constantly at risk. This research explores the contextual banking technology issues in the financial industry. The study uncovers different security issues in the existing mobile and internet banking technology and proposes a CLOUDSHIFT implementation framework as secure haven. Our CLOUDSHIFT solution evolves a faster cloud technology that can easily investigate, detect and resolve real-time potential failures or breaches within the banking system from any secure web server. CLOUDSHIFT leveraged on where internet-based computing thrive, as such the case of Malaysia was considered. To leverage further on this benefit, banks and financial services need a co-security centric approach in conjunction with cloud providers and third-party solution partners to implement this cyber fraud event management process. The CLOUDSHIFT provides important implications of cloud computing in combating cyber-fraud with a better strategic cloud migration framework that addresses the operational challenges of the internet and mobile banking. The framework was evaluated using Gai proposition value chain system and Amazon AWS proof of concept applicable to the financial industry.
format Article
author Owolewa, Rasheed O.
Magalingam, Pritheega
author_facet Owolewa, Rasheed O.
Magalingam, Pritheega
author_sort Owolewa, Rasheed O.
title Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
title_short Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
title_full Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
title_fullStr Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
title_full_unstemmed Faster identification and resolution of risk in mobile and internet banking using CLOUDSHIFT
title_sort faster identification and resolution of risk in mobile and internet banking using cloudshift
publisher Universiti Teknologi Malaysia
publishDate 2019
url http://eprints.utm.my/id/eprint/88532/1/PritheegaMagalingam2019_FasterIdentificationandResolutionofRiskinMobile.pdf
http://eprints.utm.my/id/eprint/88532/
http://apps.razak.utm.my/ojs/index.php/oiji/article/view/189/151
_version_ 1687393584720904192
score 13.211869

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