Table of Contents:

Chapter 1: Introduction
1.1 Background of the Study
1.2 Problem Statement
1.3 Research Questions
1.4 Objective of Study
1.5 Significance of Study
1.6 Limitation of Study
1.7 Scope of Study

Chapter 2: Literature Review
2.1 Overview of Multi-Factor Authentication
2.2 Current Trends in Online Banking Security
2.3 Existing Authentication Methods for Online Banking
2.4 Security Threats in Online Banking
2.5 Importance of Multi-Factor Authentication in Online Banking

Chapter 3: System Design
3.1 System Architecture
3.2 Choice of Authentication Factors
3.3 Security Protocols
3.4 User Interface Design
3.5 System Workflow

Chapter 4: Implementation
4.1 Technology Stack
4.2 Database Design
4.3 Implementation of Authentication Factors
4.4 Testing and Evaluation
4.5 Security Measures

Chapter 5: Conclusion and Summary
5.1 Summary of Findings
5.2 Conclusion
5.3 Recommendations for Future Work

Project Summary:

The final year project titled “Design and Implementation of a Secure Multi-Factor Authentication System for Online Banking Applications” aims to address the growing security concerns in online banking by developing a robust authentication system. With the increasing number of cyber threats targeting financial institutions, the need for enhanced security measures has become paramount.

The project will focus on the design and implementation of a multi-factor authentication system that combines multiple factors such as passwords, biometrics, and one-time passwords to provide a higher level of security for online banking applications. By incorporating multiple layers of authentication, the system aims to reduce the risk of unauthorized access and fraudulent activities.

The literature review will explore the current trends in online banking security, existing authentication methods, and security threats faced by online banking users. The system design chapter will outline the architecture, choice of authentication factors, security protocols, and user interface design of the proposed system.

The implementation chapter will detail the technology stack, database design, implementation of authentication factors, testing, and evaluation processes. The project will also include a discussion on the security measures implemented to ensure the overall integrity and confidentiality of the system.

In conclusion, the final year project will provide a comprehensive overview of the design and implementation of a secure multi-factor authentication system for online banking applications. The project aims to contribute to the ongoing efforts to enhance cybersecurity in the financial sector and protect users from potential threats.

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