**1. Introduction**

In this modern world, secured communication is a significant need to perform high-end data transfers. In banking, the secure cloud storage mechanism is gaining importance and is yet to become omnipresent. The concern with the banking storage mechanism is that it requires immediate attention, such as rewards, precautions, confidentiality, perspective, usability, data management, unpredictable growth in the volume of transactions, and price reduction. Cloud computing provides everything as a Service (XaaS) to the banking sector in the form of Software-as-Service (LaaS) Which SaaS supports customer relationship management, accounting, invoicing, and Enterprise resource planning. PaaS is a suitable platform for applications. It helps in reducing the cost of IT Infrastructure & the spending on hardware devices & software applications can be cut down significantly. With LaaS businesses can procure those assets as a completely redistributed service. The same approach is

applied for secured usage of a cloud storage mechanism with XML Web services and a logging mechanism to provide a high-level design of the SSL VPN to track the user activity and identify in case of any vulnerable security issues. In addition, it is implemented for a safe storage mechanism using ECC in transaction-rich applications (TRA). Many TRA makes use of storage mechanism 4 due to the service-oriented architecture, seamless accessibility, and other advantages of this advent technology. At the same time, it is vulnerable to hacks and threats. Hence securing this environment is of utmost importance, and many research works are being reported focusing on it. Cloud service provider gives base security, but it is not sufficient to handle the financial data in the cloud environment. Both the banking industry and the customer look for more protection when it comes to funding transactions like payroll, CRM, accounting, invoicing, Enterprise resource planning, etc. Security Breaches are not tolerable in the banking sector. In the current environment of cloud computing. TRA has got only a single layer of security. So, the mechanism to provide high-level security with cost-saving, high performance, and bandwidth is needed. The proposed system is aimed at providing a high-level design of the SSLVPN with ECC, which is applied to a private cloud with a secure logging mechanism. The model has experimented with java coding and open VPN with the MS Azure cloud system. SOAP UI tool has been used for performance analysis, which is deployed into the cloud web server [1, 2].

The design applied to a private cloud environment, in addition to providing a customized secure logging mechanism that will be encrypted by ECC, ensuring data security and privacy protection of entire user activities in the cloud. To launch the ECCbased SSL VPN, the private cloud VPN frameworks should be added to the system.

The same approach is applied in the cloud storage mechanism for the TRA (banking) customers can get lots of benefits [3, 4].


It provides an additional layer of security with ECC. While the banking customer is connecting to the cloud, it connects the P2P network with a second layer of security SSL and ECC [7], and the banking application utilizes the same set of ECC digital keys.
