Information Security Risk Management in Electronic Banking System

Abstract

Information and communication technology stands up as an important and effective part of various organization in Myanmar. By use of telecommunication network and internet, the information security and IT risk management system become indispensable requirement of organization. The organization need to maintain their information from when internal or external threats are incident. All of threats might control the information security risks and organizations are managed their own information environment. So, the organization required that they maintain and cover with high level security system. This paper focuses on information security risk management in the some activity of electronic banking system (e-banking system). The electronic banking technology is allowed for a variety of implementing financial services between organizations and customers. It allows serving, business market to improve customer service all the time [3]. The use of e-banking system is high rate in developed countries and comparatively lower in less developed countries. The analysis of the evolution and existing standard of electronic banking made the economic opportunity grow for the government [4].