Social Engineering Attacks in Online Banking‐ Analysis of Trends and Prevention
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Publication date: 2019-04-24
Eurasian J Anal Chem 2018;13(Engineering and Science SP):emEJAC181261
Proliferation of digital mode of payment has replicated in more transaction and information sharing through electronic media. This has given rise to the hackers who resort illicit means to amaze wealth. Social engineering is a recent hazard which is widespread across the globe. In India, the prevalence of social engineering is very extensive with the increasing digitalization of financial transactions. It is imperative that the trends are to be analysed and suitable mitigation techniques to be suggested to prevent this evil. This paper aims at first identifying which psychological traits on online users are more vulnerable, secondly, the most used medium of attack. Finally, to suggest the best possible control measure’s for Social engineering attack.