Online Credit Card Fraud Prevention

Author(s):

Sanket Bunage , Terna Engineering College, Nerul; Garima Pandey, Terna Engineering College, Nerul; Sonal Avhad, Terna Engineering College, Nerul; Sarvesh Navandhar, Terna Engineering College, Nerul

Keywords:

Secure Login, Key-Logger, Phishing, Tabular Password, credit card frauds, Web-App, face recognition

Abstract:

Security is the state of being free from danger or threat. In information technology, security is the protection of information assets through the use of technology, processes, and training. The cyber space is increasingly used by organized criminal groups to target credit cards, bank account and other financial instruments for fraudulent transactions. There are various processes through which we can keep our assets secure but the thing that differentiates us from fraudster is the access to the key call password. We set up our password as complex as we can that consist of lowercase and uppercase characters along with special characters to make our account and various information secure, but what if someone knows this password, are we secure then? The different procedures and legal status involved also suggests that the fraudsters are keenly aware of the different risks, if banks are to protect themselves transactions that are irreversible must be made hard to repudiate. To achieve this we have come with a solution PASSTAB SYSTEM. PASSTAB is TABular PASSword based tracking and central user login control system within the browser where we can add up different accounts we want to access securely. PASSTAB SYSTEM will not only secure the login for the account ID’s we add, but will also maintain a log of user activities for the same. This web-app will act as an intermediate layer of security between user and site’s traditional login; allowing users to access the account securely. PASSTAB SYSTEM’s login system will be different from the existing one’s i.e Username and Password; it will allow the user to login to system via a unique concept of Table based password, eliminating the use of keyboard thus guarding against various key logger viruses, phishing etc. There are many more features such e-statement, OTP, IP address tracing, face recognition in the system. Securing the secured is the main aim of this system.

Other Details:

Manuscript Id	:	IJSTEV2I10161
Published in	:	Volume : 2, Issue : 10
Publication Date	:	01/05/2016
Page(s)	:	671-676

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