Neobanks Operations and Security Features

Autor: Nosenko Tetiana, Vember Viktoriia, Gorodianska Larisa
Rok vydání: 2019
Předmět:
Zdroj: 2019 IEEE International Scientific-Practical Conference Problems of Infocommunications, Science and Technology (PIC S&T).
DOI: 10.1109/picst47496.2019.9061268
Popis: There is a steady tendency in the world to increase the level of use of the latest information technologies in the financial sphere, in particular new forms of banks -digital and neobank are gaining popularity. Such a business is promising, attractive to young people, people from remote places, so it is actively developing and is already a subject of interest of cybercriminals. Modern banks use open application programming interfaces to ensure the reception and transmission of information between information systems of different organizations through standard data transmission protocols. The use of open application interfaces affects the information security of banks, namely the security of information assets. Attackers who attack neobank information systems want to gain control of the information assets in order to further engage in illegal transactions or compromise the bank at the request of unfair competitors. Therefore, information banking systems must be protected against threats to internal and external interference and implement a comprehensive security strategy. This strategy should provide security and include technical solutions and procedures that will protect the security of all components of neobank information systems -electronic payment systems, electronic workflow, payment card services, banking software systems, remote systems, networking and more. The banking system security strategy must ensure high-performance processing of large volumes of information without loss of speed, tool collection, incident data analysis and response to security events, as well as reliability and fault tolerance.
Databáze: OpenAIRE