SECURING SENSITIVE BANK DATA BY USING ENCRYPTED ALGORITHMS. (AES, DES & RSA)

Abstract

With the increasing of technology and computer network, one major challenge or concern is confidentiality security and privacy. A potential way of securing authentication, identification and integrity is Cryptography. There are many techniques or aspects to transfer data safely through internet such as protection of passwords or secure payments transactions. Also one of these important techniques is even the cryptography to protect sensitive data. There are some techniques used in Cryptography which are used from Banks to ensure high security and privacy of data. Banks are always concern to communicate secret data/transactions through channel due to the security fact but Cryptography can assist in providing privacy while communicating important records/data. This paper presents a fair comparison among three algorithms of Cryptography. Each algorithm uses a key to maintain the sensitive data and use it for decryption. This comparison will consist of different factors that will be analyzed in details to determine the most effective algorithm to be used for transferring sensitive and private data among different channels.