Technology In Banking Is Reaching New Heights Day By Day And It Is Time That Information Systems Audit And Security Are To Be Implemented By Banks To Have Proper Control Over Information Systems. Two Independent Policies For Audit And Security Are To Be Framed And Monitored. The Book Focus On Origin And Evolution Of Banking, Phases Of Indian Banking, Committees For Implementation Of Technology In Banking, Concepts Of Information Systems Audit And Security, Important Aspects While Framing Audit And Security Policies, Mechanism To Monitor Both The Policies, Comparison Of Public Sector And Private Sector Banks In The Implementation Of Audit And Security Policies. Banks Are Dealing With Public Money. The Customer Data Is Stored In The Form Of Electronic Data Which Can Not Be Seen With Naked Eye. The Book Aims At Surveillance Techniques To Check Integrity Of Electronic Data, Preventive Vigilance Mechanism To Be Adopted And Several Platforms To Be Implemented For Securing The Data. Audit And Security Are Two Eyes Of Information Systems And All The Important Aspects Of Design, Framing And Implementation Of These Policies Are Totally Explained In The Book.
This book provides comprehensive methodology, enabling the staff charged with an IT security audit to create a sound framework, allowing them to meet the challenges of compliance in a way that aligns with both business and technical needs. This "roadmap" provides a way of interpreting complex, often confusing, compliance requirements within the larger scope of an organization's overall needs.Key Features:* The ulitmate guide to making an effective security policy and controls that enable monitoring and testing against them* The most comprehensive IT compliance template available, giving detailed information on testing all your IT security, policy and governance requirements* A guide to meeting the minimum standard, whether you are planning to meet ISO 27001, PCI-DSS, HIPPA, FISCAM, COBIT or any other IT compliance requirement* Both technical staff responsible for securing and auditing information systems and auditors who desire to demonstrate their technical expertise will gain the knowledge, skills and abilities to apply basic risk analysis techniques and to conduct a technical audit of essential information systems from this book* This technically based, practical guide to information systems audit and assessment will show how the process can be used to meet myriad compliance issues
The increase in computer crime has led to skepticism about the move made by the banks to introduce e-banking. Some view this as a noble move which has made the banking system more efficient, reliable and secure, while others view it as a risky and insecure way of banking. This book discusses the various computer threats and the security mechanisms put in place to ensure that e-banking is secure. The areas that still need some improvements with respect to elements of information security are highlighted. The knowledge gained from this book is aimed at helping the banks and its customers in decision making; other organizations since information security does not only affect banks. Any organization that has information and information systems is subject to attack although the risk will vary with the nature of industry. Further, this book will benefit scholars in the field of information systems, computer security and the business people who value the quality of services their organizations offer to their clients.
Internal Audit is a department, independent of line Management, whose prime responsibility is to review the quality and effectiveness of the controls within the Banks and mitigate risk and protect the assets of the Bank. In performing this work, internal audit provides recommendations and advice to management on matters requiring attention. Internal audit will normally produce an annual plan of work to be performed, concentrating on areas of higher risk. Structured timetables and work programs(e.g.audit programs)will be designed for each assignment. At the end review, an audit report will normally be prepared for senior management attention and action. ad-hoc assignments may also be performed at the request of senior management where problems or irregularities require further investigation. further, there are real advantages in ongoing internal audit involvement in major projects, including systems developments. In this way audit concern can be addressed up-front and action taken before the problem becomes too entrenched.
ICT Security Application is a books for all those who wish to know the currect awareness level in developing countries as presented by Abanti Cyrus, Onsongo Jane and Lusiba Badru.The book chapters are as follows: Esoteric-based access control of digital medical summeries by Abanti. Information security incident reporting and audit investigations by Abanti Impact of IT on instruction delivery by Prof Jane Onsongo and Abanti Cyber security evaluation framework by Badru Lusiba and Abanti Integrating ICT on E-schooling for digital content by Abanti Biometric security: Medicine for password headache of millenium IT users by Abanti Cyrus Abanti is Lecturing Information Systems Security Audit aand Information systems strategy at Jomo Kenyatta University of Agriculture and Technology (JKUAT Kenya. Lusiba Badru is Computer lecturer at Nkumba University and Prof Jane Osongo works with the Kenya Ant-Corruption Commission of Kenya she has high interest in ICT application in fighting efraud.
Information security issue is the most important one in using Internet and it becomes more crucial while implementing the Internet in banking sectors. This book investigates the current debate regarding the threats and vulnerabilities of the information security of online banking and to study some possible remedial actions to defend the threats and has revealed a lot of risks and threats to the security of online banking information which are increasing day by day. These information security threats have emerged as the main barriers to the adoption of online banking among the customers. It is assumed that, the general perception of the threats of information system will be more practical in future if the success of the information security management within the organizations can be improved. This research presents some real successful fraudulent activities happened in the past and proposes different security measures to protect that. These measures will help customers to develop awareness by education and training and the online service providing banks to develop a safeguard against the frauds by the policy reengineering and using advanced unique technology.
In todays fast paced, infocentric environment, professionals increasingly rely on networked information technology to do business. Unfortunately, with the advent of such technology came new and complex problems that continue to threaten the availability, integrity, and confidentiality of our electronic information. It is therefore absolutely imperative to take measures to protect and defend information systems by ensuring their security and non-repudiation. Information Assurance skillfully addresses this issue by detailing the sufficient capacity networked systems need to operate while under attack, and itemizing failsafe design features such as alarms, restoration protocols, and management configurations to detect problems and automatically diagnose and respond. Moreover, this volume is unique in providing comprehensive coverage of both state-of-the-art survivability and security techniques, and the manner in which these two components interact to build robust Information Assurance (IA). Key features: The first and (so far) only book to combine coverage of both security AND survivability in a networked information technology setting. Leading industry and academic researchers provide state-of-the-art survivability and security techniques and explain how these components interact in providing information assurance. Additional focus on security and survivability issues in wireless networks.
Banking crises in the last decades have led to the necessity of implementing macroeconomic policies and regulations to ensure an effective control in order to achieve stability and viability of the entire banking system. Thus, it is necessary the implementation of early warning systems which support the regulatory authorities and banking supervision. Early warning systems are the mechanisms that analyze and transform information held by financial indicators in the signals concerning the possibility of banking crises. These were originally developed in the United States of America, having meant to predict if and when a specific country can be affected by a financial crisis. The purpose of the work is to capture the impact of macroeconomic indicators, which emit signals over the banking system`s health and to provide an overview of the practicalities of the financial crises`s issue and ways of preventing them.
Information security is one of the most essential concerns in today’s organizations. The aim of this research is to focus on the human factor of the organization, which impacts the security of the information, since technological solutions of technical problems become incomprehensible without human recognition about security. This study explores ways to enhance information security and improve the human factor by integrating the crucial information security elements in organizations. Social constructivist worldview is adopted throughout the study, and an inductive based - qualitative approach, a single case study design and hermeneutical analysis for analyzing the observations and interviews are utilized. The research setting for this study is Vaxjo Municipality in Sweden. The empirical investigation suggests that human factor plays an essential role in maintaining information security, and organizations can improve employees’ role by keeping their security policies up to date and find the best ways to disseminate that information. As a result, this research comes up with “information security human management model” for organizations.
IT audit on the information system development projects have been strongly survived in the public sector of Korea for more than 20 years. Furthermore, under the legislation of external IT audit - "Law for an efficient acquisition and operation of information systems," external IT audit is required in every public information system development project. This reinforced duty of external audit makes the client of IT audit to expect higher quality than prior to the legislation. Until now, there has been no study to show the rationale supporting the social beliefs that clients (CIOs in the public sector of Korea) can manage venders (developers of the outsourced projects) more effectively with the IT audit services. In this study, IT audit is investigated using the concept of the agency theory which considers the audit as the risk mitigate mechanism in the economic research.
In the last fifteen years or so, RFID and Contactless Smart Card technologies have been increasingly adopted in a number of industries such as Logistics, Retail, Facility Management, Law Enforcement and Transport. Reports of cyber security vulnerabilities and attacks on RFID and Contactless Smart Card systems; coupled with the fear of invasion in people privacy, have brought to the fore the issue of Information Security in these technologies. This book is an analysis of a number of existing RFID/Contactless Smart Card Applications and their vulnerabilities. For the first time, this book has analysed these Applications with a very intelligent concept of Use Cases; developed a Threat Model and defined corresponding Security Requirements for each of the RFID/Contactless Smart Card Applications. In addition, this book has proposed a comprehensive Information Security Model based on the paradigm of “defence-in-depth" for any RFID/Contactless Smart Card system. This analysis should be very useful to all Information Security professionals, Vendors, Integrators or anyone else who may be interested in these two exciting technologies.
Recent historical high profile banking failures revealed series of shortcomings in the banking governance structures of developed countries and triggered the developing countries to make alterations in the banking governance frameworks or to form parallel regimes. This book is an attempt to portray a picture of banking governance systems of UK and Pakistan by comparative analysis of various key players and to asses at what extent corporate governance systems of these countries are converging or diverging in the presence of various issues and differences. This book is endeavouring to find out whether it is right for a developing country like Pakistan to transplant imported rules, regulations and codes of developed country like UK, or to develop its own structure according to persisting economic and social circumstances. This book is a useful source for different institutions, policy makers, researchers, students and professionals in the field of corporate governance especially for regulators of both the countries who are in quest to make rules and regulations for sound banking governance.
The manuscript covers the complex issues of the banking systems in Central and Eastern Europe during the crisis period and the institutional and legal reforms adopted in the banking area in the last years. The book is structured in three parts. Part I presents the structure of the banking systems in the Central and Eastern Europe area. Part II covers the developments of the banking systems in this area during the crisis. Part III presents the reform of the regulations in the banking area as a result of the crisis.
With the fast developing technological environment and with increased competition, firms are seeking competitive advantages that support sustainable business models. These changes are introduced in haste into the work environment. With the limited time available for employees’ adaptation, this human asset is still expected to perform and exceed expectations. However, the pressure to learn, adapt, change, perform, is increasing the work-stress and affecting employees’ job satisfaction. This document helps the reader gain insight into the relationships between information system usage and employee job satisfaction in the commercial banking sector of Lebanon. The factors tested are important to the understanding of the job satisfaction process for employees in general, and for commercial banking employees more specifically. The findings of this field investigation support the importance the information system usage in this work environment, and puts forth practical suggestions to bank managers. The manuscript is interesting to IS/IT managers HR managers, to seeking an answer as to which is more important, consideration for people, or consideration for work?
A handbook on internal control systems and performance of banking industries in Kenya considers the basic concepts of internal control systems as a critical aspects on the performance of banks in Kenya. Its contains in-depth coverage of internal and financial controls as a whole.