Global Case Studies, Domains and Used Methodologies Concerning Cyber Security in Online banking: A Review

Banking sector is one of the prominent sectors nowadays, which helps to lend and deposit money. Each one of us are now living in the period of time where the protection of our information is tremendously dominant. Since the world is shifting online inch meal, the online banking sector open doors to various risks concerned with our confidential information and as said our information if kept secured then, the power is in our hands. Therefore, protection to information should be the foremost aim. In this paper, we have inculcated the various types of risks to information along with the types in which each user need to secure the data. Numerous types of methodologies that are used to secure and authenticate a user is also thoroughly explained, the solutions to such risk causing factors are also explained. This paper also discusses about the cybersecurity concerns of various developing and developed countries like India, Myanmar, India and Malaysia. It says that, Although, various rules and regulations are to be put together to administrate the cyber world smoothly and efficiently, but every bank stand needs to be equipped with good cybersecurity system and countries intercontinentally requires different levels to security agendas.