A Study of Advancing E-Banking and Cybersecurity for Digital Enterprise Transformation in Pakistan

A Study of Advancing E-Banking and Cybersecurity for Digital Enterprise Transformation in Pakistan

Tansif ur Rehman
ISBN13: 9781799869757|ISBN10: 179986975X|ISBN13 Softcover: 9781799888833|EISBN13: 9781799869764
DOI: 10.4018/978-1-7998-6975-7.ch014
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MLA

ur Rehman, Tansif. "A Study of Advancing E-Banking and Cybersecurity for Digital Enterprise Transformation in Pakistan." Handbook of Research on Advancing Cybersecurity for Digital Transformation, edited by Kamaljeet Sandhu, IGI Global, 2021, pp. 267-287. https://doi.org/10.4018/978-1-7998-6975-7.ch014

APA

ur Rehman, T. (2021). A Study of Advancing E-Banking and Cybersecurity for Digital Enterprise Transformation in Pakistan. In K. Sandhu (Ed.), Handbook of Research on Advancing Cybersecurity for Digital Transformation (pp. 267-287). IGI Global. https://doi.org/10.4018/978-1-7998-6975-7.ch014

Chicago

ur Rehman, Tansif. "A Study of Advancing E-Banking and Cybersecurity for Digital Enterprise Transformation in Pakistan." In Handbook of Research on Advancing Cybersecurity for Digital Transformation, edited by Kamaljeet Sandhu, 267-287. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-6975-7.ch014

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Abstract

In this technological era, almost all renowned banks have equipped themselves with the latest technology significantly pertinent to enhance their services and have provided e-banking facilities to their customers. Nevertheless, cybersecurity has been the focus of many organizations. Banks are offering more facilities to facilitate their customers with ease and convenience regarding e-banking. However, in Pakistan this is not the case. As people still refrain from using e-banking in Pakistan because of various issues, the e-banking sector has exponentially grown in the last decade. It has more chances of growth as enterprises such as banks still encourage clients to carry out e-transactions, like utility bill payments, access to account information, and money transfer. During this process, cybercriminals attempt to steal customer data and hack their online sessions. With regards to e-banking fraud, digitization has caused a revolution. Cybercriminals have employed various tools to steal crucial information through identity theft, trojans, viruses, and phishing.

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