Utilizing hybrid encryption methods to ensure the security of financial transactions

Abstract

This study aims to examine and evaluate encryption techniques used to enhance the security of financial transactions in banking systems. The focus is on fundamental encryption algorithms such as AES (Advanced Encryption Standard), DES (Data Encryption Standard), and RSA(Rivest-Shamir-Adleman) analyzing their performance in terms of RAM usage, processing time, and memory usage. By assessing these metrics during both encryption and decryption processes, the study seeks to determine the most reliable and effective encryption method through the combination of different techniques. The results will contribute to identifying the optimal encryption approach for protecting sensitive banking customer information.