Website Banking and Security

Paper Summary:

The paper discusses the legal, regulatory and ethical dimensions of website operations within the financial services industry. The paper focuses on the protection and use of personal and private data by users and consumers. The paper discusses the various security strategies for website operations and the increasing state, federal and international emphasis on this dimension of website operations.

Outline:
Abstract
Overview
State & Federal Laws
USAA Website Security
ING Website Security
Scottrade Website Security
Conclusion

From the Paper:

"The single most important legal, ethical, and regulatory dimension for the banking industry and its expansion into the online environment has been centered on the protection of personal data and information of its customers. The actual execution of data security from an IT perspective within the banking industry, both online as well as general back-office operations involves a series of technologies that together can form an effective barrier from intrusion."

Sample of Sources Used:

• Information Security and Privacy. (2006). OECD (online). Retrieved September 14, 2006 from: http://www.oecd.org/ document/46/0,2340,en_2649_34255_36862382_1_1_1_1,00.html
• ING. (2006). ING (online). Retrieved September 14, 2006 from: http://www.ing.com
• Luftman, J. N. (Ed.). (2003). Competing in the Information Age: Align in the Sand. New York: Oxford University Press.
• OECD Guidelines on the Protection of Privacy and Transborder Flows of Personal Data. (2004). OECD (online). Retrieved September 14, 2006 from http://www.oecd.org/document/18/ 0,2340,en_2649_201185_1815186_1_1_1_1,00.html
• Rohan, R. (2002, October). To Serve and Protect: Want to Avoid E-Commerce Nightmares? Keep Your Customers' Data Secure. Black Enterprise, 33, 63+. Retrieved September 14, 2006 from EBSCOhost online database: http:// www.apollolibrary.comScottrade. (2006). Scottrade (online). Retrieved September 14, 2006 from: http://www.scottrade.com

More papers on Website Banking and Security:

• Analytical Essay # 129576 : "Website Issues in Banking"
• Term Paper # 120737 : "Banking Web Sites"
• Research Paper # 65546 : "On-Line Banking"

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