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Vl Bank

In: Computers and Technology

Submitted By hacktivity
Words 2557
Pages 11
VL Bank Case
Security Risk Analysis
Scenario: You are the chief information security officer (CISO) for the VL Bank based in Atlanta, Georgia. Recently, a highly sophisticated and cleverly orchestrated crime was brought to your attention by the information security analysts in your department and by a growing number of business customers.
Your company’s commercial customers utilize a digital certificate multifactor authentication process to access wire transfers, cash management, deposit operations, and account management applications common to all business customers. The problem is that several customers have reported that new user accounts have been set up under their names without their authorization and these accounts are initiating.
The main term used in risk analysis Digital certificate multifactor will be defined and will be covered along with risk mitigation . A discussion of acceptable and unacceptable risk and how to follow specific federal best practice standards for securing communications and preventing cybercrime , provide a cybercrime prevention strategy using National Institute of Standards and Technology (NIST) federal guidelines.
Digital Certificate :
The most common method for authentication E-commerce transaction is via the exchange of digital certificates. Its contain digital signature which is unique representation of the certification authority. The digital signature is a distinctive mark that cannot be replicated by another entity. When affixed to a digital certificate, the certificate authority's signature affirms that the registration and issuance process requirements have been satisfactorily met by the applicant, and that the identity of the certificate holder is valid as represented. Per example login to secure bank site involve in following steps:
1- Login: user name , password XXX PIN number
2- Security questions with unique

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