Security in Electronic Banking: A Study on UK Banking Industry

RESEARCH
PROPOSAL
(Security in electronic
banking)

Table of Contents
INTRODUCTION...........................................................................................................................3
Overview of the topic..................................................................................................................3
Research trigger..........................................................................................................................3
Research aim, objectives and questions......................................................................................3
Statement of the problem............................................................................................................4
BRIEF REVIEW OF RELATED LITERATURE AND STUDY...................................................4
RESEARCH METHODOLOGY.....................................................................................................5
DATA ANALYSIS AND FINDINGS............................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Overview of the topic
Customers are the most important assent for banks so banking sector is consistently
improving its technologies. Banking has become more quick and convenient. One of the most
significant components of modern world of banking is e-banking or electronic banking.
Electronic banking refers to the medium which assists customers to get access to the funds. It
removes the requirement for the customers of the bank to visit the bank for their financial
transactions (Prasanalakshmi and Pugalendhi, 2019). Thus, this report covers the in-depth
information about electronic banking within the United Kingdom.
Research trigger
The major purpose of doing the current investigation is to conduct in-depth investigation
about the security and security trends within electronic banking. It also focuses over assembling
security vulnerabilities when a customer uses electronic banking.
Research aim, objectives and questions
Research Aim
To identify the effectiveness of security and security trends for customers in electronic
banking: A study on the UK banking industry
Research Objectives
 To develop basic understanding regarding the electronic banking
 To identify the effectiveness of security and security trends for customers in electronic
banking
 To determine the security vulnerabilities faced by customers while using electronic
banking
Research Questions
 Explain the concept of electronic banking?
 What is the effectiveness of security and security trends for customers in electronic
banking?
 What are the security vulnerabilities faced by customers while using electronic banking?

Statement of the problem
The major problem identified in the present investigation is that there are large number of
customers who are dependent over taking e-banking services. However, this has increased the
issue of security among customers who are availing e-banking services. Therefore, this report
covers the methods which help banks to reduce the risk of security while providing banking
facility.