Measurement of Security of Smart banking Applications – Index of Security

Abstract

Effective use of electronic communication is based on trust, which is built between communicating parties. A necessary condition for the formation of trust is a technology security of communication channels and experience, which is based on experience and knowledge of a communication environment and resources that mediate this communication. These general facts hold stronger if the transmitted information are more sensitive and are related to financial transactions in e-commerce or communications between the client and the bank. High growth of use of smart phones and tablets has been recorded in the use of new form of electronic banking – Smart banking, nowadays. Measure of level of security of such applications for suggested criteria and their comparison within the Slovak banks is subject of our paper.