Security analysis of online banking in China: A Case study of Agricutural Bank of China
Wang, Anqi (2014)
Laurea-ammattikorkeakoulu
2014
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2014060211302
https://urn.fi/URN:NBN:fi:amk-2014060211302
Tiivistelmä
The rise of online banking has been accompanied by an increase in associated security risks. This thesis examines the various means of protection available to the consumer in order to provide more information related to securing online banking for customers.
Online banking represents a new business model and development direction. It brings changes to banks by decreasing fixed branch and operating costs, and provides an uninterrupted 24-hour service for customers. The most profound changes are that banks must change their role from that of intermediary agency that manages financial products to service institution that provides information about investment and financing. This is not only a major change in operation principles in the financing industry, but also the trend of development of the financing industry in the age of the network economy. However, with the advent of network technology, online banking brings various risks as well. Therefore, a security analysis of online banking is beneficial for operating its business.
The Agricultural Bank of China is a popular bank with many branches across China that maintains an online banking presence. Presently, its online banking technology and banking business are in a leading position in the domestic trade. The online banking service of the Agricultural bank of China is selected preferentially as the online payment tool by many well-known e-commerce sites. Online banking of Agricultural bank of China as a case study is conducted to investigate the security analysis.
Online banking represents a new business model and development direction. It brings changes to banks by decreasing fixed branch and operating costs, and provides an uninterrupted 24-hour service for customers. The most profound changes are that banks must change their role from that of intermediary agency that manages financial products to service institution that provides information about investment and financing. This is not only a major change in operation principles in the financing industry, but also the trend of development of the financing industry in the age of the network economy. However, with the advent of network technology, online banking brings various risks as well. Therefore, a security analysis of online banking is beneficial for operating its business.
The Agricultural Bank of China is a popular bank with many branches across China that maintains an online banking presence. Presently, its online banking technology and banking business are in a leading position in the domestic trade. The online banking service of the Agricultural bank of China is selected preferentially as the online payment tool by many well-known e-commerce sites. Online banking of Agricultural bank of China as a case study is conducted to investigate the security analysis.