Overview of Honeypot Security System for E-Banking

This paper presents a proactive defense scheme based on Honeypot security system (HPSS). We propose an improved approach based on Intruder Detector System (IDS) which enhances the security of cyber. HPSS provide improved attack prevention, detection and reaction information, drawn from the log files and other information captured in the process. Honeypot security system can be best defined as follows: “A honeypot is a security resource whose value lies in being probed, attacked or compromised.[1] However, the electronic banking system users still face the security risks with unauthorized access into their banking accounts by non-secure electronic transaction hence it need to build reliable system which holds the identity of both the sender and the receiver.