Improving Security using Honeyword for Online Banking Authentication System

Abstract: In existing banking system, the only way to get access to the bank account is through the OTP which is not the secure way. If any unauthorized person stole your mobile and if that person guesses the password from user details then that person will get the access to the bank account easily. In propose system we are going to create and store honeywords in the honeypot, Honeywords are generate from the user details. Because of doing this if any unauthorized person will try to guess the password and if that guess password match with the honeypots words then alert for the legal user will generated and only login fail message will shows to that user. In this project we will use Honeyword Generation algorithm to achieve above goal.

Keywords: honeywords; honeypot; DoS attack; brute force attack; authentication.