Development Of Application Software For Cyber Security Fraud Detection System In Nigeria Banks

ABSTRACT

This study is aimed at providing security for financial institutions to enable them pinpoint hackers who try to hack into their servers and also secure transactions using strong security. It also helps financial institutions to authenticate users and make sure that all transactions is properly taken care of by the actual user. In our contemporary Society today, it is said that the world has turned into a global village meaning that information is at the finger tips of every dick and torn in the society directly or indirectly. The easy access of internet facilities and resources has led to the increase in cyber fraud. People now use internet facilities to defraud others leading to loss of sensitive information and money. This system will achieve the detection of fraud by using recent technology for security such as the use of passwords, images and other validation strategies to ensure that the system is efficient and effective.