Some important abbrevetions

some important abbrevetions::

SWIFT: Society for worldwide Interbank Financial Telecommunication
SFMS: Structured Financial Messaging System
OLTAS: Online Tax Accounting System
CBS: Centralized/ core Banking Solution
PIN: Personal Identification Number
LAN: Local Area Network (used in the same building)
MAN: Metropolitan Area Network (used in the same city)
WAN: Wide Area Network (used in different locations)
IDRBT: Institute for development & Research in Banking Technology
Banknet: Payment System Network established by RBI
NICNFT: National Informatics Centre Network (currency chest operation)
WWW: World Wide Web
HTTP: Hyper Text Transfer Protocol
URL: Uniform Resource Locator
VSAT: Very Small Aperture terminal
Firewall: Software programme that restricts unauthorized access to data and acts as a security to private network

Booting: Starting of a computer
Hard Disk: A device for storage of data fitted in the processor itself
Modem: Modulator & Demodulator: A device used for converting digital signals to analog signals & vice-versa
Encryption: Changing the data into coded form
Decryption: Process of decoding the data
Virus: Vital Information Resources Under Seize: Software programme that slows down the working of a
computer or damages the data. Main source of virus is internet (other sources are floppy or CD)
Vaccine: Anti Virus Software programme used for preventing entry of virus or repairing the same
Digital Sign: Authentication of. electronic records by a subscriber by means of electronic method or procedure
Key used: For digital signatures, there is a pair of keys, private key & public key
RTGS: Real time Gross Settlement
ECS: Credit: One account debited, number of accounts credited
ECS: Debit: One account credited, number of accounts debited
Hacking: Knowingly concealing, destroying, altering any computer code used for computer network