Abstract:
Cybercrime is an issue that has attracted the attention of financial institutions, credit bureaus,
state legislators, and most certainly law enforcement agents. Cybercrime is presently the most announced kind of crime by financial institutions, and as suppliers of the national framework
through their financial administrations, the manners by which these organizations react to and
comprehend dangers is of specific significance to a country's security and strength. The goal of
this study was to evaluate bank cybercrime. However, the specific goals were to determine facets
of cybercrime, investigate major threats that banks face in today's cybercrime, and determine
ways to mitigate cybercrime in banks. It was found that operating a bank in this technological
age is a challenge and risky because of cybercrime. The investigation reveals that Extortions,
disclosure of bank secrets, weaknesses in the management of online transactions, and hacking
have made banks vulnerable to exploitation. This action has helped cyber fraudsters to perpetuate
their treacherous act with ease. Adopting public education on cybercrime and, the right banking
measures and building better internet and cybersecurity systems that have the propensity to avert
tendencies of fraud. Again, the website of banks must be secured and periodically enhance
security mechanisms to avoid vulnerabilities.
Description:
A Dissertation in the Department of Information Technology Education,
Faculty of Technical Education, submitted to the School of Graduate
Studies in partial fulfilment
of the requirements for the award of the degree of
Master of Science
(Information Technology Education)
in the University of Education, Winneba
