A Study on Security and Privacy in E-Banking

Author(s)	Gajendra Shukla, Madhuri Puranik
Country	India
Abstract	This content highlights the importance of “Security and Privacy in E-Banking” and explores the balance between security and user privacy in digital finance. To examine the changing landscape, Discovery has implemented various security measures, including encryption systems, multi-factor authentication and fraud devices, primarily in electronic banking systems. It also examines emerging privacy issues, including data breaches, identity theft, and misuse of personal information. In addition to analysis, the review will also focus on strategies that will respond to the company's income in order to reduce these problems. Focus on your customers and build trust. This includes a comprehensive assessment of technological advances, regulatory compliance and customer education measures. By understanding and solving these problems, banks aim to strengthen their digital processes and create a safe and reliable online financial transaction.
Keywords	Electronic banking, Security measures, Privacy issues, Trust, Digital financial transactions.
Published In	Volume 7, Issue 1, January-February 2025
Published On	2025-02-05
Cite This	A Study on Security and Privacy in E-Banking - Gajendra Shukla, Madhuri Puranik - IJFMR Volume 7, Issue 1, January-February 2025.

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International Journal For Multidisciplinary Research