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Securing Financial Transactions with Hybrid ECC and AES Encryption Algorithm

Moruskar, Anuja Mahadev (2024) Securing Financial Transactions with Hybrid ECC and AES Encryption Algorithm. Masters thesis, Dublin, National College of Ireland.

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Abstract

Cloud computing has achieved good attention among organization and user. By using it users can easily store their data directly on third party vendors and can enjoy the services, application and storage. This report is going to present the development and analysis of the SecureFinance system, which is a complex solution, and it has been designed to manage financial data in a secure way. The study will focus on the implementation of a hybrid cryptographic model that merges Elliptic Curve Cryptography (ECC) with Advanced Encryption Standard (AES). The primary aim is to increase data protection and performance in managing sensitive financial information as compared to traditional encryption methods. The report is going to find and evaluate the performance of ECC+AES against ECC+DES which shows its good performance and novelty as well. ECC provides strong security with smaller key sizes while AES gives strong encryption capabilities by making the hybrid approach highly good. The performance evaluation showed that ECC+AES delivers faster encryption and decryption times across various file sizes which also shows its practical advantages. The study includes deploying the SecureFinance system on Microsoft Azure in order to ensuring scalability and reliability in a cloud environment. It examines how well the system supports large-scale data management user access. By solving these key research questions related to security, performance and usability the report is going to contribute good data into the implementation of hybrid cryptographic techniques in financial systems.

Item Type: Thesis (Masters)
Supervisors:
Name
Email
Heffernan, Niall
UNSPECIFIED
Subjects: H Social Sciences > HG Finance
Q Science > QA Mathematics > Electronic computers. Computer science
T Technology > T Technology (General) > Information Technology > Electronic computers. Computer science
T Technology > T Technology (General) > Information Technology > Cloud computing
Q Science > QA Mathematics > Computer software > Computer Security
T Technology > T Technology (General) > Information Technology > Computer software > Computer Security
Divisions: School of Computing > Master of Science in Cyber Security
Depositing User: Ciara O'Brien
Date Deposited: 30 Jul 2025 11:41
Last Modified: 30 Jul 2025 11:41
URI: https://norma.ncirl.ie/id/eprint/8342

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