Hacking E Banking
E-banking is an interesting target for attackers. The easiest way of stealing money in e-banking is to attack its weakest point – the client. This article describes, in brief, how to attack client authentication and transaction authorization – the two fundamental security layers in e-banking. It also presents countermeasures and discusses their effectiveness. Finally, it discusses how the risk of stealing client’s money can be reduced. 2. Overview Let’s assume, that the attacker knows the client’s username and password for their e-banking system....