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A Survey on Cyber Security System for New Castle Bank

   

Added on  2020-12-09

29 Pages4098 Words461 Views
GSBS6002 project 2

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INTRODUCTION Online frauds are been increasing and thus there is requirement of Cyber security systemwhich assist in reducing this issues. New Castle bank has decided to conduct the research inorder to identify the effectiveness of the Cyber security system for its development. They areconcerned about the customer perception about this system. There are various online fraud whichtake place that consist of Phishing, Pharming, Skimming and malware. The Australian bank isconcerned to resolve this issues in order to create value for their customers to provide them highsatisfaction. It will provide analysis of the data on the basis of the survey conducted to gather thecustomers views regarding the system. The research will use the Quantitative research to identifythe in - depth information about the effectiveness of the data to develop the cyber securitysystem. It will use the various test to identify the correlation between the variables. Moreover,the research will develop the hypothesis test to identify the relation between the variable. It willprovide information about the ethical consideration which is required to take the consent of therespondents to disclose the information provided by them. Also, It will provide recommendationto the New Castle Bank on the basis of views and result provided by the statistical analysis onthe basis of the customer data and responses. In this project, it will provide information aboutthe effectiveness of Cyber security system. It will help in reducing the online frauds and willprovide security to the customer data.RESEARCH DESIGN The research design assist in answering the research questions. With the help of researchdesign the researcher is able to conduct the research in the effective and efficient way (Okada &et.al., 2018). The research design assist in gathering the in- depth information about the researchto have relevant data in order to identify the effectiveness of the research which will help theresearcher in completing its research. Data Collection : This method is used to collect the information or data regarding theresearch to identify the in - depth information about the topic to have better understanding andknowledge regarding the research. There are two methods of data collection one is primary andother is secondary. The primary data uses the first hand information about the research whichinclude the use of questionnaire, interviews etc. to gather the information through the views ofrespondents to identify their opinions and views (Green & Salkind, 2016). Secondary data is theinformation which is collected through the use of published sources which consist of internet,2

books, journals etc. In this research. Primary data collection method will be used to gather thein- depth information about the research. Sampling : It is using the samples from the large population to gather the informationthrough the primary sources. There are two sampling methods which consist of probabilistic andnon- probabilistic (Spss, 2016). In this research, simple random sampling method will be used togather the data from the sample.Research design : For conducting the research there are two method which consist ofqualitative and quantitative methods. The qualitative research include the views and opinions ofthe respondents. Quantitative research include the number and numerical data to identify theinformation and for the conducting the research (Cronk, 2017). The researcher for this researchwill use the quantitative data to analyse the data and identify the correlation between thevariables. It will use the statistical data which will be analysed through the use of quantitativetechnique.Research deign assist in identifying the accurate data which is useful for research. Quantitativeresearch deign is useful in identifying the numerical analysis for the research by collecting thenumerical data the correlation between the variables is easily identified through performing thevarious test.Ethical consideration : It refers to using the ethics and norms for conducting theresearch. It includes informed consent, voluntary participation of the respondents, confidentialityetc. are the consideration which must be considered while collecting the information from thecustomers (George & Mallery, 2016). The ethical consideration are required to met by theresearch for completing its research in the effective and efficient manner. In the present research,The researcher has taken the informed consent of the respondents to disclose their information.Moreover, the survey conducted by the researcher include the voluntary participation of therespondents. So, it is identified that the research design include the various methods which arerequired for conducting there search and collecting the data for the analysis to derive effectiveresults.3

HYPOTHESIS DEVELOPMENT It is related to developing a hypothesis for the variables to identify the significant relationor not between the variables (George & Mallery, 2016). The Hypothesis test contains the nulland alternative hypothesis which provide information of there is any relation or not between thevarious by processing the data.The Hypothesis development will provide the relation ship between the variables. Thisdevelopment will be made for the following :Hypothesis 1 :H0 = There is no mean significance difference between satisfaction with online securitysystem and times of experiencing online fraudH1= There is a mean significance difference between satisfaction with online securitysystem and times of experiencing online fraud Hypothesis 2 : H0 = There is no mean significance difference between satisfaction with online securitysystem and level of advice received with regards to potential online fraud (Larson-Hall, 2015).H1 = There is mean significance difference between satisfaction with online securitysystem and level of advice received with regards to potential online fraud.Hypothesis 3 :H0 = There is no mean significance difference between level of assistance and quickresponse towards fraud complaints.H1 = There is mean significance difference between level of assistance and quickresponse towards fraud complaints.Hypothesis 4 :H0 = There is no mean significance difference between quick resolution and level ofmetal and social support victims of fraud. H1= There is mean significance difference between quick resolution and level of metaland social support victims of fraud. Statistical Technique and JustificationThe hypothesis will be tested through t statistical techniques which are as follows :Chi square test : It is the test used for determining the difference between the expectedfrequencies with that of actual. It assists in identifying the relationship between the two variables4

T - test : It is the term used in statistics to determine if there is significant relationshipbetween the mean of the group of variables( Yockey, 2017). It is used in Hypothesis test tocompare the means of two groups.Paired sample T- test : It is also known as dependent sample T- test. It is used todetermine whether the mean difference between the observations is zero. The set of observationis measured twice which leads to pair of observation (Miller, 2017). As per this sample T- test, ifthe mean of two variables is from related samples than it is paired sample T- test.Independent sample T - test : It is used to compare the means of two independent grouptop identify the significant difference between them (Hayes, 2016). For comparing the mean oftwo variables from unrelated sample the independent sample T- test is used. ANOVA : It is analysis of the variance between two or more means. For identifying thedeviation in the means of the groups this test is performed which provide information about thevariance in the means of group (Brace, Snelgar & Kemp, 2016).Regression : It is a statistical tool to identify the relationship between two or morevariables. It is used to examine the relationship between the variables where there is dependentvariable and independent variable. Also, the dependent variables is continuous variables (Hinton& McMurray, 2017).Correlation : In this technique the variables used are independent that means there is nodependent variables in the group (Park, 2015). The variables used in the observation arecontinuous. It assists in identifying the relationship between the independent variables.Results, Statistical and Non statistical interpretation Hypothesis 1Chi- Square 5

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