Impact Factor (2025): 6.9
DOI Prefix: 10.47001/IRJIET
The advent
of the digital era has brought unprecedented convenience and efficiency to the
banking sector. However, it has also exposed financial institutions to a
multitude of cyber threats. In particular, the increasing value of banking
information in the digital realm has made it an attractive target for malicious
actors. The repercussions of successful hacking attempts on these systems can
be severe, ranging from financial losses to compromised customer data and
erosion of trust in the banking sector. Consequently, bolstering the security
of banking systems has become a paramount concern. This paper undertakes a
comprehensive analysis of the security landscape surrounding financial
organizations by leveraging a bank dataset comprising 15,000 samples and 38
variables. Through rigorous data analysis techniques, the dataset is utilized
to train a Random Forest algorithm, which is then employed to evaluate and
identify Distributed Denial-of-Service (DDoS) attacks launched against
financial institutions. The results of this study are highly promising, as the
Random Forest algorithm achieves an impressive accuracy rate of 99% in
identifying potential security flaws. By providing valuable insights and
empirical evidence, this research contributes to the existing body of knowledge
in the field of cyber security, specifically concerning the detection and
prevention of DDoS attacks in financial organizations.
Country : Lebanon
IRJIET, Volume 7, Issue 6, June 2023 pp. 185-194