... What is the "Virtual Banks- 3 How to manage your accounts online 4 Transfer money 4 Parts of the E-banking 5 a, E-mail payment 5 b, Online shopping (Loans and Credit cards): 6 Credit cards 6 c, Investing 7 E-banking solutions 8 Online Banking Services 11 Securities of E-banking 12 Comprehensive security control process 12 Establishment of clear audit trails for e-banking transactions 13 ... Web- Accessibility- Downloading data- Uploading information A range of enhanced card functions that can be built-in to your corporate Web-banking environment, including: - Profiles- Credit limit maint...

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... hesitate to hunt through the paper trash, an activity they call dumpster diving, trashing, or phishing (pronounced fishing)" (237). Studies show that some online consumers are becoming comfortable using their credit card to make online purchases. However, some critics point out that consumers aren't giving Internet shopping the only recognition by over exposing it disadvantages. They assert that consumers are contradicting ... and sometimes putting themselves at risk. Bill Laye points out that "It's sort of humorous in a way, because people who are hesitant to make an online purchase wi...

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• Grade Level: High School

... - can enter into the Net and steal a bet and use it as there own. Internet thieves have stolen credit cards but know they are stealing credit card identities say Brigid McMenamin in her article "Invasion of the Credit Snatchers."" Cyber thieves will steal an individuals credit rating of someone with the same last name and use it as there own. Online Internet transaction scams ... are occurring more and more. It is a general estimate that fifty million U.S. dollars worth of Internet Transactions in 1997. Transmitting credit card information over an unprotected electronic environment such ...

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... gains unauthorized access. Data theft and extortion also cause great concern in e-commerce companies. Many of these companies have thousands and sometimes hundreds of thousands of credit card numbers stored in their electronic files. In December 1999 CD Universe, which sells music and DVD movies online, became the victim of this kind of ... cybertheft. Someone identifying himself as "Maxus," a 19-year-old Russian, stole thousands of credit card numbers from CD Universe. He tried to extort $100,000 from CD Universe's parent company eUniverse with the threat of selling the ... into servic...

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... hackers due to their lack of skills despite their malicious intents. Types of Hacking Attacks: 1. Credit Card Theft: We all know that it is largely because of credit cards that online transactions are possible; most, if not all, payments are made on credit. Most e-business sites accept credit card payment and store data to each card. This data refers to account numbers, expiration dates ... , addresses etc. Given this information, the hacker will enter a system with the intention of stealing, changing or deleting data files. Some use these credit card numbers to buy domain names so they ...

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... was built on a foundation that was started more than 125 years ago with Western Union's money transfer as an example of telegraph technology. In the early 1900's the advent of credit cards as a payment system revolutionized the process of automated commerce functions. In the mid 1980's the introduction of the ATM card was the latest improvement to electronic commerce. The Internet ... and security. Anything sent over the Internet is sent through several different computers before it reaches its destination. The concern regarding Internet security and privacy is that hackers can capture ...

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... retail and corporate customers can review and transact on their accounts, get information about shares and execute trades, receive and pay bills, buy various forms of insurance and even obtain credit cards, mortgages and other loan facilities, all via the Internet. The Internet age has empowered insurance companies, stockbrokers and even retailers to offer banking services through the Internet and ... generation determine its capacity for investment expenditure and its ability to weather fluctuation in demand and profit over time Debt to equity ratio. ratio of net cash to capital expendit...

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• Grade Level: Undergraduate

... . Security is a major issue with the Internet because the general public now has access to it. When only the government and higher education had access, there was no worry about credit card numbers and other types of important data being taken. There are many advantages the Internet brings to its users, but there are also many problems with the Internet security ... (Lewis 195). E-mail is the most intriguing thing to hackers because it can be full of important data from secret corporate information to credit card numbers. The only way to secure e-mail is by encryption. When you send your...

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... . Security is a major issue with the Internet because the general public now has access to it. When only the government and higher education had access, there was no worry about credit card numbers and other types of important data being taken. There are many advantages the Internet brings to its users, but there are also many problems with the Internet security ... (Lewis 195). E-mail is the most intriguing thing to hackers because it can be full of important data from secret corporate information to credit card numbers. The only way to secure e-mail is by encryption. When you send your...

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... deemed to occur; however, these rules are extremely difficult to apply where transactions are instantaneous and where the seller and the buyer could be in two different countries with the credit card authority which confirms the transaction located in a third country. In addition, the nature of the Web can lead to the transaction actually flowing through 10 or even 20 countries ... they are still in their infancy. Payment Payment is perhaps the most interesting of the problems faced by store keepers and consumers. For some reason there is a perception that giving credit card information...

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... involve its protecting the data upon storage at its final destination, in many cases it only protects the data in transit. One need only consider as an example the routine credit card transactions over the Internet. While credit card data in encrypted at the time of transmission it is not an uncommon occurrence to have attackers steal the ... credit card data from the organization or individual concerned who, after receiving this data in encrypted form, they store it in an unencrypted one. 3.6: Intrusion Detection Systems (IDS) Intrusion detection systems ... ...

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... find their 11 room online by inputting their desired dates and destination. Prices and availability appear quickly. The customer then chooses accommodations and inputs his/her credit card. The reservation is then confirmed. Once the credit card is charged and the room confirmed, we receive a fax at our hotel advising us of the reservation. We then confirm it in our system and ... ...

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... can buy and sell products on-line using digital cash. Digital cash is a system which uses unique cash numbers, issued by a financial institution, having a sum related to real money. Unlike credit cards, digital cash certificates can be reused and there is no necessity for buyer personal information to be exchanged. The mechanism for e-commerce is the EDI (Electronic Data Interchange). This ... information, we set ourselves up for trouble. Yes, there are safety features that should protect us but there are hackers and thieves and people looking to hurt us. Identity theft, credit cars the...

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... mobile being permanently carried and always connected. Mobile has the best audience accuracy and is the only mass media with a built-in payment channel available to every user without any credit cards or PayPal accounts or even an age limit. Mobile is often called the  7th Mass Medium and either the fourth screen (if counting cinema, TV and PC screens) or ... ...

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• Grade Level: Undergraduate

... from ATM pin codes to social security numbers is up for grabs with these criminals. The attacks are both passive and active in nature. They can be the access to credit card and bank card information through the use of receivers extracting coded information out of the wallets of persons walking down a street or it can be phishing, man in the ... ...

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... offering the potential consumer a 1000 free hours if they sign up for their service. All the consumer has to do is log on, fill out the necessary forms and provide a credit card number. The consumer never has to leave his or her home to buy American Online's service.Using Catalogs and Videos for Direct-mail Strategies Other companies try similar direct ... ...

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... many organizations and the public. Crackers gave birth to the phrase "cyber-crime" generating serious damage to business and companies, to the social structure in general. Their actions range from credit card fraud, identity theft, to spreading computer viruses. Still, the black hats category can be broken down further. There are the Script Kiddies or Cyber-punks. These kids like Cold ... ...

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... Rimm, who wrote it while an undergraduate at Carnegie Mellon, grossly exaggerated the extent of pornography on the Internet by conflating findings from private adult-bulletin-board systems that require credit cards for payments (and are off limits to minors) with those from the public networks (which are not). Many of Rimm's statistics, are either misleading or meaningless; for example, the ... ...

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... for any particular product and customize it according to his needs via online product configuration facilities. Security Issues A most important issue in security is the protection of customer details, like credit card numbers, against hackers. This security issue starts and continues throughout the transmission of information and its storage thereafter. When a customer does e-business, he/she inevitably leaves a trail of information ... ...

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... to share pirated movies, television shows, music, and pictures with each other. One website that is trying to build a link between the music hungry consumers and the artists who deserve credit for their work is MP3.com. Rather than being pirated, like many of the music files you can get over the net, artists can put their music here as a way ... ...

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... many organizations and the public. Crackers gave birth to the phrase "cyber-crime" generating serious damage to business and companies, to the social structure in general. Their actions range from credit card fraud, identity theft, to spreading computer viruses. Still, the black hats category can be broken down further. There are the Script Kiddies or Cyber-punks. These kids like Cold ... ...

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... -shipped directly from the manufacturer (Swart, 1996). Anyhow, the Internet as a shopping mall has not enjoyed a favourable reputation as it is seen as a golden opportunity for sophisticated thieves to obtain credit card numbers from the cable. As a result businesses have shied from any Net-based commerce. As a result the Web has been trapped in a form of time warp, usable only as ... ...

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... University in Antigonish, Nova Scotia (Selman and Dampier, 47). In short, this movement devoted effort to improving the oppressed conditions of fisherman, farmers and industrial workers by creating cooperative and credit union organizations (Selman and Dampier, 47). The results were so remarkable that the movement became well-known world wide and the methods were used in emerging societies around the world ... ...

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... or if notice is likely to seriously jeopardize the investigation or unduly delay the trial, 18 U.S.C. 2705. In order to streamline the investigation process, the Act, in section 210, adds credit card and bank account numbers to the information law enforcement officials may subpoena from a communications service provider's customer records, 18 U.S.C. 2703(c)(1)(C). Another streamlining amendment, section 220, eliminates the jurisdictional restrictions ... ...

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