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Analysis Of Risk Of Breach Of Security In E-Banking

Academy of Management and Economic Journal

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Title Analysis Of Risk Of Breach Of Security In E-Banking
 
Creator Sarthak Singh, Sultan Singh
 
Description In this study, an attempt is made to analyze the bankers’ viewpoint towards the factors leading to the risk of breach of security in e-banking, its potential impacts on the functioning of the banks and the measures initiated by the selected public, private and foreign banks in India. A sample of 107, 104 and 100 bank employees is taken on the basis of judgement sampling from different branches of selected public, private and foreign banks respectively located in Haryana, Punjab, Chandigarh and Delhi. The primary data are collected with the help of pre-tested structured questionnaire on five point Likert Scale i.e. Strongly Disagree (SD), Disagree (D), Neutral (N), Agree (A), and Strongly Agree (SA). For coding and analyzing the data, weights are assigned in order of importance i.e. 1 to Strongly Disagree (SD), 2 to Disagree (A), 3 to Neutral, 4 to Agree (A, and 5 to Strongly Agree (SA). Statistical techniques such as mean, mode, standard deviation have been used for the analysis of data. ANOVA technique has been applied to validate the results of the study. The analysis shows that introduction of the virus into the bank’s system is found as the most important factor leading to the risk of breach of security in e-banking in public and private sector banks, whereas the entry of hackers into system is viewed as the top most important factor leading to the risk of significant breach of security in foreign banks. Further, discontinuance of the use of the product or service by the customers is found as the most potential impact on the functioning of the selected banks. However, developing virus checking is viewed as the most adopting measure in public sector banks, whereas the penetration testing and other appropriate security measures are found as the most adopting measures in private and foreign banks for overcoming the risk.
 
Publisher Academy of Management and Economic Journal
 
Contributor —
 
Date 2016-06-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://innovativejournal.in/amej/index.php/amej/article/view/5
 
Source Academy of Management and Economic Journal; Vol 1, No 2 (2016): Academy of Management and Economic Journal
 
Language eng
 
Relation http://innovativejournal.in/amej/index.php/amej/article/view/5/5
 
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