Security of E-Banking in Bangladesh
Journal of Finance and Accounting
Volume 4, Issue 1, January 2016, Pages: 1-8
Received: Dec. 25, 2015; Accepted: Jan. 4, 2016; Published: Jan. 15, 2016
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Authors
Mohammad Shamsus Sadekin, Department of Humanities, Chittagong University of Engineering & Technology, Chittagong, Bangladesh
Md. Abdul Hannan Shaikh, Department of Management, Islamic University, Kushtia, Bangladesh
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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.
Keywords
E-Banking, Security, Password
To cite this article
Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh, Security of E-Banking in Bangladesh, Journal of Finance and Accounting. Vol. 4, No. 1, 2016, pp. 1-8. doi: 10.11648/j.jfa.20160401.11
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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