期刊名称：International Journal of Computing and Business Research
电子版ISSN：2229-6166
出版年度：2012
出版社：International Journal of Computing and Business Research
摘要：The Internet has played a key role in changing how we interact with other people and how we do business today. As a result of the Internet, electronic commerce has emerged, allowing businesses to more effectively interact with their customers and other corporations inside and outside their industries [1]. Internet can be seen as a truly global phenomenon that has made time and distance irrelevant to many transactions. One industry that is using this new communication channel to reach its customers is the banking industry. The transformation from traditional banking to e-banking has been a “Leap” change. The electronic banking system addresses several emerging trends: customers’ demand for anytime, anywhere service, product time-to-market imperatives and increasingly complex back-office integration challenges. But on the other hand the increase in the use of ICT facilities result in increase of criminal activities like spamming, credit card frauds, ATM frauds, Phishing, identity theft, denial of service and most of others has lend credence to the view that ICT is contributing crime in banking sector. The challenges that oppose electronic banking are the concerns of security and privacy of information. This paper aims at investigating various risks and whether these risks can be totally eradicated or not. Based on the findings this study, the paper concludes that with the help of various tools total eradication of risks is not possible but can be highly reduced if internal control measure techniques are adequately put in place.
