Welcome » IT Booklets » E-Banking » Risk Management of E-Banking Activities » Information Security Program
E-banking introduces information security risk management
challenges. Financial institution directors and senior management
should ensure the information security program addresses these
challenges and takes the appropriate actions.
Information security is essential to a financial institution's
ability to deliver e-banking services, protect the confidentiality
and integrity of customer information, and ensure that
accountability exists for changes to the information and the
processing and communications systems. Depending on the extent of
in-house technology, a financial institution's e-banking systems
can make information security complex with numerous networking and
control issues. The IT Handbook's "Information Security Booklet"
addresses security in much greater detail. Refer to that booklet
for additional information on security and to supplement the
examination coverage in this booklet.