EVEALUATING THE RELATIONSHIP BETWEEN E-BANKING AND CYBERCRIME

Abstract

E-banking, the electronic delivery of banking services, has revolutionized the financial industry by providing convenient access to accounts and transactions. This study examines the relationship between e-banking and cybercrime, focusing on the various dimensions and factors involved. It reviews existing literature, identifies trends, patterns, and vulnerabilities, and uses data analysis to determine the extent of cybercrime incidents. The findings reveal that e-banking offers numerous benefits to consumers and banks but also exposes them to new risks like phishing attacks, malware, and identity theft. The study emphasizes the importance of security measures, awareness, and regulations in mitigating these risks. Understanding this relationship is crucial for financial institutions, policymakers, and costumers.