Tag Archives: security

Credit Card Approval and Monitoring System

Introduction:

A Project entitled “Credit Card Approval and Monitoring System” is to provide the services like a user can register for a credit card, they can purchase the items from various stores by using that card and they can search/view/modify on a existing card.

The present system tells that the users take loans on banks. It is the risky process for customers because protecting that large amount of money and carrying is most difficult. In this system security for money is less

In the proposed system banks provide credit cards to customers. The banks provide these cards based on customers assets. Then customers can purchase goods by using these cards and repaying these amounts by monthly. If any user can’t repay the amounts perfectly then the banks have rights to block those customers accounts.

Existing system:

Before the Creditcard came into existence, customers of a bank had to wait in long queues and for long hours just to get simple banking transactions like money withdraw. This was very time consuming and even boring process. The time used for this kind of simple works could have been used in more important works. The customer may be out shopping away from his bank and needs to know his account balance then there was no possibility, for checking balance the customer had to go all the way to his bank.

Proposed system:

Proposed system is entirely computer based one.  In this all data is entered into computer and stored it allows to store large amount of data.  Since the system is developed to provide visual environment, it is very easy for the evaluator to get understand and work on it.

Unique ID : SBW15014

Domain : Web Application

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Core Banking System

Introduction :

Core Banking System, it is a centralized database system that covers the entire banking transactions needed.  These days, banks want to be customer-centric, not product-centric; at the same time, they are more cost-conscious: they look to technology to reduce overhead and save cost out of each transaction of the Financial Institution.

The desire to retain existing customers and attract new ones remains a key business driver as banks seek to differentiate themselves from the competition. And as retail banks look to refresh their core-processing platform. It is essential to consider which technologies will produce the best combination of return on investment and flexibility to accommodate future changes in the business. A new management team that joined mandated to give the bank a clear focus in the market place, to establish strong corporate governance and to achieve cost savings. As well, the bank wished to position itself for growth.

The vendor of core banking system had announced that it planned to withdraw the application. To replace the withdrawn application, the bank was forced to migrate to a new core banking system or alternatively, to change its operating model to outsource IT services and back-office processing.The proposed project Core banking  customer & corporate includes Financial Institution Infrastructure, customer Management and Customer Overview,  Accounts Management, Payments , Management Information.

Existing System:

In the early days of banking technology, the network/backend infrastructure used to be decentralized. This meant that each branch had its own server(s), banking applications, database(s), and other such assorted hardware/software.

Decentralized networks had their own set of problems in terms of the cost and management fronts. The decentralized model involves huge capital expenditure and resources (trained manpower, hardware, etc). In the decentralized model, there is no coordination or one central control point. This was an acceptable scenario till multi-channel came into the picture. With these concepts came the need for a centralized database. The database had to be updated instantaneously irrespective of the branch or channel the customer used. The networks had to be run and managed with lesser costs.

Although data centers were being used by some of the banking majors, they were never considered as being capable of being a central operations hub. Things changed when banks realized the cost benefits of swapping the decentralized model to centralized data center architecture.

Proposed System :

The traditional centralizing structures are still the preferred options, but payment factories are becoming more critical as the integration layer between treasury and the rest of the organization. Furthermore, strategic outsourcing is lowering the investment and project risk barriers and can significantly reduce the execution time of a centralization initiative if not even leap-frog some of the intermediate phases.

While organizational centralization is a concept that is well understood, its practical application faces many challenges that often lead to a slow progression towards fully centralized management models. Transition can take different forms and can proceed at different speeds depending on the corporate organization.

Individual business as well as form-wide initiatives, driven by cost efficiency, process integration or performance visibility, generate new centralization-fostering opportunities

The use of reference to centralization terminology requires some qualifications:

  • Strategic coordination – the less intrusive form, relying on policies, procedures and guidelines centrally issued.
  • Compliance control – based on a formal and strict compliance and reporting framework, which could extend to central approval for certain activities
  • Mandated execution – involving the transfer of some value-adding activities to a central entity
  • Functional consolidation – migration and reorganization of entire activities into a new infrastructure

While organizational centralization is a concept that is well understood, its practical application faces many challenges that often lead to a slow progression towards fully centralized management models. Transition can take different forms and can proceed at different speeds, depending on the corporate organization.

“Centralization” is commonly associated with a number of strong benefits that range from pure cost savings to control improvement, full compliance with corporate policies, process standardization, increased productivity and expertise consolidation.

Unique ID: SBW15011

Domain : Web Application

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Music Catalog Order Processing Latest Mini Project

Introduction:

The World Wide Web is an attractive target to many attackers. It has a lot of valuable information that can easily be accessed to a person with the right knowledge. With the increasing number of electronic commerce sites popping up every day, we are very concerned with the security of transactions.

Now a day’s Media accepts orders by credit card only. No checks, money orders or PayPal at this time. To place a credit card order, we are implementing a music catalog order processing system which user web services for credit card processing. This is an online system which is maintaining a centralised database any one can access any time.

In this site we will address some of the security issues and solutions for web developers to implement when creating e-commerce sites. We have discussed ways to secure your server, protect the network from outside intrusion, and the use of digital certificates to secure transactions. We have also listed some software solutions we recommend that can be beneficial to your site.

Existing System

The present system is manually operated system money payments all are going through checks or DD’s. There is no reliability for those transactions. We don’t know where the money received or not.

Limitations in Existing System

  • Information of processing is a very big process.
  • No security for the money you paid.
  • Report generation will be a big task.

Proposed System

The Proposed system is a browser which is completely related to online system, which provides the centralized database. It stores data and description of the particular Music data. It can also create reports based on the information in its database.

Unique ID : SBW15038

Domain : Web Application

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NetSpam: a Network-based Spam Detection Framework for Reviews in Online Social Media

Introduction:

Nowadays, a big part of people rely on available content in social media in their decisions (e.g. reviews and feedback on a topic or product). The possibility that anybody can leave a review provide a golden opportunity for spammers to write spam reviews about products and services for different interests. Identifying these spammers and the spam content is a hot topic of research and although a considerable number of studies have been done recently toward this end, but so far the methodologies put forth still barely detect spam reviews, and none of them show the importance of each extracted feature type. In this study, we propose a novel framework, named NetSpam, which utilizes spam features for modeling review datasets as heterogeneous information networks to map spam detection procedure into a classification problem in such networks. Using the importance of spam features help us to obtain better results in terms of different metrics experimented on real-world review datasets from Yelp and Amazon websites. The results show that NetSpam outperforms the existing methods and among four categories of features; including review-behavioral, user-behavioral, review linguistic, user-linguistic, the first type of features performs better than the other categories.

Reference IEEE paper:

“NetSpam: a Network-based Spam Detection Framework for Reviews in Online Social Media”, IEEE Transactions on Information Forensics and Security, 2017.

Unique ID – SBI1074

Domain – INFORMATION FORENSICS & SECURITY

 

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Preventing Distributed Denial of Service Flooding Attacks with Dynamic Path Identifiers

Introduction:

In recent years, there are increasing interests in using path identifiers (PIDs) as inter-domain routing objects. However, the PIDs used in existing approaches are static, which makes it easy for attackers to launch distributed denial-of service (DDoS) flooding attacks. To address this issue, in this paper, we present the design, implementation, and evaluation of D-PID, a framework that uses PIDs negotiated between neighbouring domains as inter-domain routing objects. In DPID, the PID of an inter-domain path connecting two domains is kept secret and changes dynamically. We describe in detail how neighbouring domains negotiate PIDs, how to maintain ongoing communications when PIDs change. We build a 42-node prototype comprised by six domains to verify D-PID’s feasibility and conduct extensive simulations to evaluate its effectiveness and cost. The results from both simulations and experiments show that D-PID can effectively prevent DDoS attacks.

Reference IEEE paper:

“Preventing Distributed Denial-of-Service Flooding Attacks with Dynamic Path Identifiers”, IEEE TRANSACTIONS ON INFORMATION AND FORENSICS SECURITY, 2017.

Unique ID – SBI1075

Domain – INFORMATION FORENSICS & SECURITY

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Twitter Trends Manipulation: A First Look Inside the Security of Twitter Trending

Introduction:

Twitter trends, a timely updated set of top terms in Twitter, have the ability to affect the public agenda of the community and have attracted much attention. Unfortunately, in the wrong hands, Twitter trends can also be abused to mislead people. In this paper, we attempt to investigate whether Twitter trends are secure from the manipulation of malicious users. We collect more than 69 million tweets from 5 million accounts. Using the collected tweets, we first conduct a data analysis and discover evidence of Twitter trend manipulation. Then, we study at the topic level and infer the key factors that can determine whether a topic starts trending due to its popularity, coverage, transmission, potential coverage, or reputation. What we find is that except for transmission, all of factors above are closely related to trending. Finally, we further investigate the trending manipulation from the perspective of compromised and fake accounts and discuss countermeasures.

Reference IEEE paper:

“Twitter Trends Manipulation: A First Look Inside the Security of Twitter Trending”, IEEE Transactions on Information Forensics and Security, 2017.

Unique ID – SBI1076

DomainINFORMATION FORENSICS & SECURITY

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