D. Security Controls: -
• Authentication of e-banking customers.
• No repudiation and accountability for e-banking transaction of duties.
• Appropriate measures to ensure segregation of duties.
• Proper authorization controls within e-banking systems, databases and applications.
• Data integrity of e-banking transactions, records and information.
• Establishment of clear audit trails for e-banking transactions.
• Confidentiality of key bank information.
E. Legal & Reputational Risk Management: -
• Appropriate disclosure for e-banking services.
• Privacy of customer information.
• Capacity, business continuity and contingency planning to ensure availability of e-banking systems and services.
• Incident response planning. The complete EBG Report on Risk Management Principles for Electronic Banking can be obtained at the Bank for International Settlements’ web site at “
www.bis.org”.