Information Security assignment-

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final_paper_description_mobile_appv21.pdf

Final Paper Description For this assignment you will write an 8-10 page paper (double spaced) using APA format references, the assignment is due during the last week of the course. Students are expected to use references for all their work; Discussion Board posts, Assignments, and any other work they submit/post. APA Format Structure consists of : Author, Name..(Year, Month, Date of Publication). Article Title. Retrieved from URL The final paper must contain 4 deliverables (the first one is described below), there will be a new deliverable described each week of the course which will be part of your final paper submission. For this paper you should write it on your own using your own writing, but you may work with anyone in the class to do any research or collaboration on the deliverables. Proper English grammar should be used in your paper, you can verify with a grammar checker such as Microsoft Word. Ensure that you do not copy or paraphrase any content found on the Internet, please refer to the Academic Integrity module in the Course Material folder on Blackboard. Scenario: You are the IT Manager for a fictitious bank called First Union Bank. Your management team has asked you to implement a new project to provide Mobile Banking services and a new Mobile Banking application via smartphones for bank customers. The project has an aggressive timeline of 90 days, and must be approved by the VP of Client Services, the CIO, and the Senior VP of Operations. Here are some of the core requirements:

• The bank users must be able to register online and set up their account security questions. Only existing bank customers are allowed to sign up, and their accounts are to be restricted based on their account history, credit risk, and account balance.

• The application needs to support a mobile deposit feature for paper checks using the smartphone camera and a 3rd party imaging library.

• Mobile Banking services must access the legacy transaction processing systems of the bank to provide transactions such as: Balance Inquiry, Account Transfers, Deposits, and online Bill payment.

• Credit card accounts need to be linked to bank accounts, via a network gateway connection to the VISA payment network. This will allow for credit card payment authorizations and credit card payment transactions to be supported.

• Both iOS and Android smartphones must be supported.

Deliverable #1 – The VP of Client Services has come up with a new requirement for the Mobile Banking application, insisting that it provides a better user experience. It must support fingerprint authentication of the user, using the fingerprint reader of the smartphone. Identify the biggest pros and cons of this requirement from a security point of view. List out your recommendations for how this requirement should be implemented. Lastly, identify possible fallback solutions that could be considered, and the risks with each one. References – The First Union Bank security policy is attached for reference to this assignment.