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Tuesday, February 26, 2013

Case Study

Jones, Chellyn

Professor: Ho Son Nayo

Cis 301 Business Driven prudence 3rd edition

Chapter 4 and 5 Case Study

1. What reason would a banking company have for non wanting to adopt an online-transfer interrupt policy?

Operating in a 24x7 world essence instant gratification for many people. Barclays online-transfer delay provides surplus security, but losses real-time response, which many people expect when dealing with the Internet. A bank may choose not to implement an online-transfer delay if its customers view speed and efficiency a key factor.

2. What are the two chief(a) lines of security defensive structure and why are they important to financial institutions?

The two primary lines of security defense are people and technology. Since banks deal with capital they must offer the most advanced security features to forbid their customers finances safe. According to Figure 4.17, the financial industry has the ordinal highest expenditure/investment per employee for data processor security. An unsafe bank impart not operate long.

3. Explain the differences between the types of security offered by the banks in the case. Which bank would you open an greenback with and why?

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lodge of America is implementing authentication and confidence technologies such as online computer identification Wells Fargo & Company is implementing authentication and authorization technologies such as additional password criteria
E-Trade Financial society is implementing authentication and authorization technologies such as Digital hostage IDs Barclays Bank is implementing prevention technologies such as online-transfer delays and account monitoring. fortify metier Bank one of my choice to bank with. One thing I like about Armed Force Bank offer low interest place for mortgage and car loan. Plus they offer banking services seven days a week and hours up 9 p.m. at night and plus the customer service is excellent. Armed Force offer excellent security service has well.

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