• Journal of information and communication convergence engineering
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• v.3 no.1
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• pp.38-42
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• 2005

The cyber attacks on the computer system in nowadays are focused on works that do not operate specific application. The main key point that we protect information security system has an access control to keep an application. Most of system has a main function to protect an infrastructure such as hardware, network and operating system. In this paper, we have presented an intrusion tolerance system that can service an application in spite of cyber attacks. The proposed system is based on the middle ware integrating security mechanism and separate function of application and intrusion tolerance. The main factor we use security system in nowadays is service to keep a persistency. The proposed intrusion tolerance system is applicable to such as medical, national defense and banking system.

• The Journal of Fisheries Business Administration
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• v.13 no.2
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• pp.31-48
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• 1982

Though modern banking organs were established in Korea with the Kanghwa Treaty as a momentum, the benefit of financing at that time, which was mainly given to merchants and industrialists and traders, was extremely limited to the fishermen. The fishermen who were out of favor with the benefit of financing of modern banking organs were forced to rely on high interest loans, a category of usury capital, issued by the middlemen (the Kaekju) who lent them the deficit of their necessary funds. The fact was that in the field of fisheries the middlemen who issued usury capital played the leading part in fisheries financing of the Late Yi Dynasty. The middlemen, however, sqeezed a part or all of surplus products and on occasion even necessary products out of the fishermen by means of outward compulsion of economy. Moreover they put the fishermen further in trouble by putting-out system. In order to keep on with the production of aquatic products, the fishermen with little capital and no property established the antinomic rotations with the middlemen whose disadvantageous terms they were inevitably to accept. Thus the middlemen who did business with the fishermen exercised their authority over them, securing a strong activity foundation in the field of fisheries. But the traditional form of the Kaekiu was transformed and gradually declined in the field of fisheries according as the market rules were proclaimed in 1914.

• Ocean and Polar Research
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• v.25 no.2
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• pp.227-235
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• 2003

In August 1998, during the resumed fourth session of the Authority, the delegation of the Russian Federation reminded the Assembly that, in addition to polymetallic nodules, other mineral resources existed in the Area, including polymetallic sulphides and cobalt crusts, and requested the Authority to adopt rules, regulations and procedures for exploration for such resources. Pursuant to article 162, para. 2(o)(ii), of the 1982 UNCLOS, such rules, regulations and procedures are to be adopted within three years of the date of such a request. This article reviewed the 'Draft Rules and Regulations for the Exploration and Exploitation of Sea-Floor Massive Sulphides and Cobat-rich Ferromanganese Crusts in the Area' by ISA in 2001, and the 'Madang Guideline for Offshore Mineral Policy' written in 1999 in respect of the international trends of polymetallic sulphides and cobalt crusts. Issues for size of mining area and relinquishment, application of the site-banking system, procedure for dealing with overlapping claims and precautionary approach etc. for the establishment of the norm of polymetallic sulphides and cobalt crusts are reviewed as consideration factors.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.1-10
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• 2020

The purpose of this study is to investigate the relationship between diversification and the performance of commercial banks, while taking into account the ownership status of these banks in Sri Lanka. Two-way relationship between diversification and performance was scrutinised by employing the 2SLS regression technique. The data consists of 17 registered commercial bank in Sri Lanka between 2001-2016. The results show a strong significant bidirectional relationship exists between diversification and bank performance. The performance of Sri Lankan banks has been significantly improved by their diversification attempts. In other words, the banks whose incomes are more diversified from various sources, they are more profitable and successful in long-term. On the other hands, the results also reveal that bank performance positively and significantly affects diversification. This finding suggests that the banks with great profitability are more capable in diversify their operations. Furthermore, private sector banks, both listed and unlisted, are significantly more diversified than their government-owned counterparts, but their performance is not necessarily superior to government-owned banks. This may be the result of the economic environment and the perception of the public, which have allowed the government-owned banks to entertain significant market power over the private sector banks in the country.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.179-189
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• 2020

The paper empirically examines the bank-specific determinants of loan growth in the Vietnamese banking system for the period from 2007 to 2019. We approach the CAMELS framework and employ the dynamic panel regression to determine the effects of each CAMELS factor on bank lending. To ensure the robustness of results, we also use alternative definitions of the variables and different specifications with and without full sets of CAMELS components. With these settings, we display multiple important results. (i) We find that a large capital buffer tends to boost bank lending expansion faster. (ii) High asset quality might positively contribute to high loan growth; in other words, banks subject to high credit risk are discouraged from making loans. (iii) Less efficiently managed banks are more likely to adopt an aggressive lending strategy, highlighting the moral hazard incentives of Vietnamese banks. (iv) More profitable banks with excellent competitive advantages could expand their lending activities to a larger extent. (v) Liquidity is positively related to the loan growth of banks. (vi) Perceived interest rate risk tends to suppress loan growth since interest-rate-sensitive banks might be concerned about the adverse effects of unpredictable adverse changes in interest rates in the future.

• Journal of Korea Society of Industrial Information Systems
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• v.8 no.4
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• pp.82-93
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• 2003

With the development of the Internet, the behavioral manner of offline world has been introduced into online sites. One of representative areas is the Internet banking. The number of the Internet banking users has continually increased. But researches on the characteristics of online users are not enough to prevent any mistakes in online world. They haven't studied any rules that guarantee safety in the Internet. This paper studies the design of main homepage of banks. It tries to study the web design colors in the homepages of banks and give reliable color system that can be used in homepage design

• The Journal of Asian Finance, Economics and Business
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• v.8 no.9
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• pp.53-66
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• 2021

The global financial crisis in 2008 eroded trust towards the banking industry overall. To make such institutions more transparent, the International Accounting Standard Board developed the International Financial Reporting Standard 9 (IFRS 9). After the announcement of IFRS 9, academic research has primarily focused on examining the stability of banks due to early loan-loss recognition guidelines under the new system. There appears to be a lack of understanding of how IFRS 9 has influenced institutional depositors' opinions of bank trustworthiness. Hence the goal of this study is to determine how the adoption of IFRS 9 by banks has impacted perceptions of transparency, trust, and skepticism, from the perspective of large institutional depositors. This research was conducted in the context of Malaysian banks that follow the IFRS 9 guidelines. A framework is proposed using the signaling theory, leading to the development of a set of hypotheses. The hypotheses are tested with data collected from 654 financial analysts working in Malaysian companies that are large institutional depositors. The results indicate that the adoption of IFRS 9 has led to higher levels of perceptions of bank transparency and trust, and lower levels of skepticism towards such banks.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.139-154
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• 2021

This study's impetus is to explore fresh evidence to answer the question, i.e., whether remittances asymmetrically influence financial development in Bangladesh from 1975 to 2019. The study employs several tests, i.e., nonlinear unit root test, Autoregressive Distributed Lagged (ARDL), NARDL, and asymmetric causality test for establishing the pattern of association. Nonlinear unit root tests confirm that variables follow a nonlinear system of being stationary after the first difference. nonlinearity among variables is investigated by performing the BDS test and nonlinear OLS. Directional causality is investigated through both linear and nonlinear effects of remittance inflows by following the non-granger casualty test. The test statistics of Fpass and tBDM showed the Long-run cointegration in the empirical model and positive effect running from remittances inflow to financial development both in the long-run and short-run. Furthermore, the results of a standard Wald test divulge the presence of long-run and short-run asymmetry. Asymmetry causality test established unidirectional causality due to positive and negative shocks in remittances inflows to Bank-based financial development and feedback hypothesis hold for explaining causality between positive and negative shocks in remittance inflows and Stock-based financial development.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.21 no.6
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• pp.83-99
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• 2011

OTP (One Time Password) is widely used for protecting accounts on Internet banking, portal services and online game services in Korea. OTP is very strong method for enforcing account security but there are several ways for exploiting vulnerabilities caused by implementation errors. These attacks can work because of the weakness from OTP enabled system's vulnerabilities, not for OTP's algorithm itself. In this paper, we present the known attack scenarios such as MITM (Man-in-the-Middle) attack and various reverse engineering techniques; also, we show the test result of the attacks and countermeasures for these attacks.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.8
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• pp.365-373
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• 2021

Loan monitoring is a fundamental element of credit control. The importance of loan monitoring is to reduce loan defaults and to increase loan repayment performance. The ex-post monitoring can also increase the loan quality and thus a concern to many creditors in the market economy. This study identifies the role of ex-post monitoring on loan repayment performance in the context of rural Vietnam. Employing primary data from rural areas of Vietnam, this study investigates the impacts of ex-post monitoring on loan repayment performance of individual borrowers in terms of on-time loan repayment and the rate of loan repayment. Descriptions of borrower demographics, loan information, and ex-post monitoring show the initial picture of borrowers and loans in Vietnam's rural areas. Quantitative estimations that use the Probit and the Tobit model confirm the argument that better ex-post monitoring would result in better loan repayment performance in both on-time repayment and repayment rate. Thus, some policy suggestions have been made to improve the monitoring system in each financial institution. The study also indicates that some other factors too affect loan repayment performance such as borrower's characteristics (education, agricultural working area, and income) as well as loan's characteristics (loan size, maturity, and loan purpose).