Comparative analysis of NPN algorithm & DES Algorithm

Various sectors such as such as the retail, hospitality, banking and financial introduced information technology years back. Ongoing enhancements have always offered a wider scope of growth to these sectors. Zooming in the Banking & Financial sector most banks are now offering the Online banking services. The objectives of introducing the e-banking services were profits, fast service, improved productivity, customer satisfaction, 24×7 operations & cost savings. As much the growth of internet probes the customers to use the new online services & banks to offer the same; equally it makes the customers & business skeptical about the security being implemented. The business needs to ensure the security of each electronic transaction over the internet. Critical areas to focus for this are secure communication channel, third party for database maintenance & a robust non-breachable data encryption technique. Any online transaction constitutes of confidential data. Any damage to that data or hacking of that data may bring significant amount of loss to both the parties involved.