1.

Discuss the various risks involved in internet banking.

Answer»

Risks in Internet Banking: 

⇒ Increasing number of fraudulent websites  

⇒ Fake emails purporting to be sent from banks 

⇒ Attacks on online banking used today are based on deceiving the user to steal login data and valid TANs. viz. phishing 

⇒ Cross-site scripting and key logger / Trojan horses can also be used to steal login information.



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