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Paper #024583 :: Terrorism And Banking Security
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Examines potential changes in banking practices.

Written in 2002; 3,150 words; 15 sources; $ 111.95

Paper Summary:

Examines potential changes in banking practices. Security-related changes caused by the current climate of terrorism. Discusses issues such as privacy and data pooling, and causes such as globalization and electronic data networks. Defines terrorism, and threats posed to security. Its effects on practice of banking; offshore banking; money laundering; virtual banking.

From the Paper:

"TERRORISM AND BANKING SECURITY

Introduction
This research examines probable impacts on banking practices of security-related changes induced by the current climate of terrorism. One might believe that terrorism-related impacts would be limited to inconveniences brought about by the need for enhanced security. Some impacts may be little more than aggravations. Other impacts, however, will be far more fundamental for people accustomed to living in a free and open society (Donohue, 2001). These impacts also will affect the practice of banking in the United States (Berlau, 2001). This study examines the probable effects of terrorism on banking in relation to specific issues (e.g., privacy, data pooling, and so forth) and specific aggravating causes (e.g., globalization in banking, ..."

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