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Internet Banking Master - Essay Example
This research study is aimed at evaluating the importance of Information security in the online banking information system. It is essential for banks and financial institutions to make sure the security of information of organisation and clients. With the increasing number of banking institutions implementing the information architectures for the ease of data exchange and to gain economies of scale, the importance of information security has been increased…
It will provide information regarding theinvestigation approach, method of data collection and analytical approach to be used in the study.
In today's volatile environment banking and financial institutions are implementing information systems in order to achieve growth, and increased market share. The implementation of Information Technology provides the benefits of increased reliability and accuracy by reducing the chances of failures in the business system. The interdependencies in the business can be managed better through the implementation of information system.
With provision of economies of scale, implementation of Information Systems in a banking organisation also leads to several other problems, which should be addressed for the maximisation of benefits attached. It is important to develop deeper understanding of the importance of security issues related to the implementation of secure online banking information system in distributed and heterogeneous computing environment.
Previous research in the field provides a recognised conceptualisation regarding the information system as an important source of competitive advantage for service organisations. ...