Abstract
M.Comm.
The principal aim of the present dissertation is to determine the nature of an electronicbanking
environment, to determine the threats within such an environment and the
security functionality needed to ward off these threats. Security solutions for each area at
risk will be provided in short. The main focus of the dissertation will fall on the security
protocols that can be used as solutions to protect a banking system. In the dissertation,
indication will also be given of what the security protocols, in their turn, depend on to
provide protection to a banking system.
There are several security protocols that can be used to secure a banking system. The
problem, however, is to determine which protocol will provide the best security for a
bank in a specific application.
This dissertation is also aimed at providing a general security framework that banks could
use to evaluate various security protocols which could be implemented to secure a
banking system. Such framework should indicate which security protocols will provide a
bank in a certain banking environment with the best protection against security threats. It
should also indicate which protocols could be used in combination with others to provide
the best security.