Security Risks And The Authentication Of Online Banking Transaction System

As ecommerce and financial securities industry is booming, the online banking business is developing rapidly while the volume of transactions and the quanitity of the users increase quickly. But the online banking security situation is not optimistic. The Internet is an open network, so the capital business of higher safety requirement under the network environment, no exaggeration to say, is suffering the security risks like a sword of Damocles beside one's neck.From the technical level there are several major threats that the online banking system face now, such as the banking system is illegal invasion, the information transmission through the network are stolen or tampered with, the transaction status identification is mistaken and the account is embezzled by others. Corresponding multi-level omni-directional security measures must be adopted. To resist hacking, network system can be installed in high-performance firewall and intrusion detection system (IDS). To prevent the virus violation, antivirus software can be installed. Of course the most important front of the line of defense is to resist the fraud online status authentication mechanism.The identity authentication mechanism has many kinds online. At present , the most useful and common password or code which is low security, easy leak and attacked is a simple identity authentication means; One-time password is effective security identity authentication approach nowadays.The Application of OTP identity authentication technique into internet banking security control system is a fire-new, meaningful research areas.The use of OPT technique is the effective method of OTP with the core of using digital certificate mechanism.In this thesis,the security risk of China internet banking transactions system is first introduced and analyzed. Then the security protection technology of internet banking transaction system is discussed. The theory and application of technology of internet banking authentication is also studied. the OTP and identity authentication based on CA are analyzed importantly. And then give the Realization of OTP identity authentication.The development of security on internet banking identity authentication technology is summarized and prospected, the assume of three factors identity authentication security is raised either.This thesis have great reference value to the study of internet banking authentication security.It has very important significance on researching the security strategy of banking networksystem, promoting the development of new business, especially on the aspects of online business.