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.