Fraud Detection System using Multi-tiered Authentication Scheme

Soyemi, Jumoke and Hammed, Mudasiru (2020) Fraud Detection System using Multi-tiered Authentication Scheme. In: Academic Staff Union of Polytechnics (ASUP), Plateau State Polytechnic National Conference,, 8th - 10th July 2020, Plateau State Polytechnic National Conference, Barkin Ladi.

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Abstract

The importance of authentication for all online bank transactions cannot be over-emphasized especially in this present age of technological advancement where internet frauds are all over. Online transactions are prone to attack when done with single- or two-ways authentication schemes. Ensuring a strong level of security has to do with a combination of attributes, encryption and authentication channels and credential storage. Although, several types of research were carried out on authentication and security level for web-based transactions, however, few researches have investigated multiple authentication schemes that combine securely and efficiently attribute asynchronously. This study enhanced the expansion of one-tier and two-tier authentication scheme that combines three levels of authentication, which include PIN, one-time password (OTP), a notification from email and graphical password for a web-based banking operation. Multi-tiered authentication scheme makes access to unauthorized banking operation difficult for an adversary. The system attained a high degree of accuracy when tested because adversaries were unable to break the three levels of authentication

Item Type:	Conference or Workshop Item (Paper)
Subjects:	Q Science > Q Science (General)
Divisions:	Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User:	Unnamed user with email [email protected]
Date Deposited:	26 May 2021 13:10
Last Modified:	26 May 2021 13:10
URI:	http://eprints.federalpolyilaro.edu.ng/id/eprint/1328

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