Development of a Secure Mobile E-Banking System

Abstract

Mobile banking refers to the usage of a telephone or different cellular device to carry out on-line banking responsibilities. Those responsibilities encompass account balance enquiry, funds transfer, bill payment, finding an ATM, etc. Considering the excessive fee of adoption of this technology, quite a few concerns are raised as regards user authentication, data confidentiality, non-repudiation, data integrity and service availability. This research, therefore, introduces a more advantageous comfortable model to help conquer challenges mentioned earlier. In other to attain the set goals, the proposed model uses a popular salted Secure Hash Algorithm (SHA-512) Cryptographic Hash Algorithm to hash personal information, which include account information, and passwords. Advanced Encryption Standard (AES) approach was used for encryption and decryption, One Time Password (OTP) also turned into used to beef up user authentication. The design was carried out using Hypertext Preprocessor (PHP), JavaScript, CSS and MySQL database. Cain and Abel that is a password recovery tool that allows smooth recovery of various passwords by sniffing the network, cracking encrypted password using dictionary, brute-force and cryptanalysis attacks, revealing password bins, uncovering cached passwords and analyzing routing protocols was used to envision the validity and dependability of the model and also to obtain result. Results obtained suggests that the model is viable as data encrypted and hashed could not be decrypted by an attacker compared to other existing models.