Research Article
Quantify the Maturity of Internet Banking Security Measures in WAEMU (West African Economic and Monetary Union) Banks
@INPROCEEDINGS{10.1007/978-3-319-72965-7_11, author={Marie Ndaw and Gervais Mendy and Samuel Ouya and Diaraf Seck}, title={Quantify the Maturity of Internet Banking Security Measures in WAEMU (West African Economic and Monetary Union) Banks}, proceedings={Innovation and Interdisciplinary Solutions for Underserved Areas. First International Conference, InterSol 2017 and Sixth Collogue National sur la Recherche en Informatique et ses Applications, CNRIA 2017, Dakar, Senegal, April 11--12, 2017, Proceedings}, proceedings_a={INTERSOL \& CNRIA}, year={2018}, month={2}, keywords={Internet banking Risk Security Control}, doi={10.1007/978-3-319-72965-7_11} }- Marie Ndaw
Gervais Mendy
Samuel Ouya
Diaraf Seck
Year: 2018
Quantify the Maturity of Internet Banking Security Measures in WAEMU (West African Economic and Monetary Union) Banks
INTERSOL & CNRIA
Springer
DOI: 10.1007/978-3-319-72965-7_11
Abstract
WAEMU banks should provide more facilities and convenience to theirs customers but they also should take all steps and expensive measures to make online transactions more safe and secure. Several type of controls are proposed to manage different risks related to infiltrations, breaching, stealing data and cyber-attacks. Controls maturity are measured using the actual method which is manual, require time and personal investment and have some estimation error. In this paper, we propose and apply two models on all internet banking controls in order to automatize the quantification of their maturity. The both models allow optimal assessment of security measures and aim to improve security of Ebanking transactions including increase of comfort and time saving for underserved areas. The results of our study also enable economic/social well-being and financial inclusion to people in rural areas who use internet connection for mobile banking transactions.