E-Banking Security: Mitigating Online Threats Using Message Authentication Image (MAI) Algorithm

In this paper we propose a Message Authentication Image (MAI) algorithm to protect against e-banking fraud and the latest e-banking fraud techniques, such as Phishing, Trojans and man-in-the-middle attacks. This MAI Algorithm provides confidentiality, authentication and digital signature. It uses both Cryptographic and Steganographic ideas to conceal the data in the image. MAI generates fractals and embeds the password using chaos technique.