Abstract:
Especially in light of the great development that the financial technology industry has witnessed during the recent period, and the enhancement of the level of services provided to customers through new innovative channels, far from the traditional banks used to provide banking services, This increased the chances of them being attacked by hackers to find out the weaknesses that can be used in order to eavesdrop to affect sensitive data in several ways, and this is one of the challenges facing banks and financial sectors in general. Therefore, a secure mechanism for authentication between the bank and their customers must be found to provide confidentiality and privacy. There are some common types of authentication, such as Static Password Authentication which are known to be unsafe because the majority of people use short and simple passwords. This study proposed to authenticate the user over the Internet using a multi-factor verification system to reduce the hacking and theft of sensitive client data.
