Data Security System for a Bank using Hybrid Algorithm

Abstract

A secure security system is critical for a secure banking system. A secure banking system is required to prevent the theft of sensitive data from banks and clients. In today's world, exchanging vital information over the internet is extremely simple and quick. The easier it is to exchange information, the easier it is for the hacker to steal our information .As a result, a strong security system is required. To maintain the customer's confidence in the system and data security, a banking system is currently required to ensure the confidentiality of the customer's data. Bank-based safety mechanisms are made secure by means of cryptographic methods. In RSA and ECC, two keys are generated: a private key and a public key.. It is the most effective data security method for defending the bank from cybercrime. In other words, both public key algorithms create the digital signature standard and its message verification. Furthermore, the Diffie Hellman method is computed to supply the user's keys in a safe manner. In terms of key exchange and mutual authentication, it is clear that ECC has more benefits and is more powerful than RSA. This paper deals with a solid security system using two different asymmetric algorithms namely, Elliptic Curve Cryptography and RSA, it will enhance data security, and consider the mutual authentication, and key exchange between two untrusted parties. Our system is protected against unwanted access by the use of the encryption methods RSA and ECC.