Enhanced Framework for Authentic and Anonymous Data Sharing Over Cloud Storage Service

This study introduces the concept of anonymous data exchange in banking applications using cloud computing. By intertwining innovative methodologies, the proposed framework bolsters security while introducing novel dimensions to the authentication landscape. Key to the system’s architecture is the integration of RSA and SHA algorithms within the framework. In the contemporary digital landscape, the banking sector confronts escalating challenges in establishing robust authentication and security measures to safeguard sensitive customer data and transactions. Color-coded passwords offer a pioneering approach, enhancing traditional authentication methods with added security. Furthermore, the system advocates for integrate multi-factor authentication techniques, thereby reinforcing the authentication process. This integration ensures the confidentiality, integrity, and authenticity of sensitive data transmitted between clients. The performance of this integrated algorithm is compared with other encryption algorithms, and it is observed that the proposed mechanism encryption time is 10% faster. The encrypted message was tested on an online simulator to attempt deciphering and could not be decrypted, confirming its security.