Abstract
AbstractThe banking industry has been changing incessantly and facing new combination of risks. Data protection and corporate security is now one of the major issues in banking industry. As the rapid changing on technologies from time to time, the industry should be aware on new technologies in order to protect information assets and prevent fraud activities. This paper begins with literature study of information security issues and followed by focused-group interviews with five participants within the industry and survey analysis of “The global state of Information Security survey 2013” which published by PriceWaterhouseCoopers (PWC). Trends and questions were discussed as well as possible solution. The study suggests that IT security education should be made to different level of staffs such as executives, professional and general staffs. Besides, the banking industry should increase company-wide security awareness and the importance of corporate security which keep the information and physical assets secure and in a proper way.
Highlights
Nowadays, banks are implementing different types of practices to protect the information and information systems from fraud attacks
Ensure operation efficiency tons of security controls are in force
Security Awareness Training provided by Head Office when I join the bank
Summary
Banks are implementing different types of practices to protect the information and information systems from fraud attacks. Maintaining information security requires support and co-operation from all employees within the organization. The research aims to evaluate current information security practices in the banking industry and assess the information security awareness level for the employees in the industry. The research is divided into three levels, executive (C-level staff), IT Professional and general staff, based on business needs. Representatives from the financial institutions and organization that provide information security training were interviewed. Analysis on the result, which was published by PriceWaterhouseCoopers (PwC) [1], was performed
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