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The IUP Journal of Information Technology
Focus

Phishing is a form of online identity theft that uses social engineering techniques
to steal sensitive information from the users to gain financial benefits. It exploits
human vulnerability. Phishing attacks have been growing in number as well as sophistication. The phishing problem has become so serious on the Internet that it attracts ample research attention. Several anti-phishing schemes have been suggested to combat the menace. Browser extension is one such scheme that helps the user to distinguish spoofed websites from legitimate ones. In the paper, “Preventing Phishing Attacks with Virtual Browser Extension”, Swapan Purkait proposes an approach to protect the vulnerable users from phishing attacks.

Worm is a self-propagating malicious code which exploits a network on the Internet and infects vulnerable computers by replicating itself to cause damages to the computers. Sophisticated worms spread so quickly on the Internet that it becomes very difficult to prevent a widespread epidemic. Although a number of worm detection techniques are available, early detection of unknown worms remains a challenging task. The paper, “Worm Attack Detection in Network-Based System”, by Ogwueleka Francisca Nonyelum, presents a hybrid intrusion detection system behind routers and firewalls. The author claims that the hybrid system improves the effectiveness and reliability of computer worm detection to a great extent.

Advances in embedded systems and wireless technologies give rise to Distributed Real Time Systems (DRTS). These systems find applications in many areas such as surveillance, industrial control and disaster response, to name a few. These systems suffer from resource constraints in terms of computation and communication. Task allocation and resource management is an important aspect of these systems. Despite the availability of a lot of work in the literature, better task allocation in DRTS is challenging and attracts research attention. The paper, “Algorithm for Performance Improvement of DRTS Under Static Load Sharing Scheme”, by Urmani Kaushal, Avanish Kumar and Narendra Kumar, describes an algorithm for task allocation. Experimental validation of the algorithm shows significant performance improvement of the system in terms of processing cost of the tasks.

Social networking sites have gained tremendous popularity in recent years as they allow users to express their individuality and meet people with similar interests. However, these sites present several social and interpersonal issues. The paper, “Social Web: A Snapshot of Issues in the New Dimension of FIRO-B”, by Ramana Rao M V, Yuva Raju Macha, P Usha Gayatri, Chandra Sekharaiah K, K S Niraja and T Arundhathi, describes a set of five issues in the context of FIRO-B. The authors also illustrate the coping strategies for these issues.

Finally the paper, “Digital Innovation in Design Practices: Technologies, Opportunities and Challenges”, by Runddy D Ramilo, provides an account of digital innovation in design and building technology. It discusses the current practices and presents several barriers to adoption of digital innovations in the field of designs.

-- A C Ojha
Consulting Editor

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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Information Technology