Online Banking is a product that becomes increasingly important with the increase in online business. Customers via online banking can have an access to their fund without having to go to the bank. In order to avoid the customers' fund from becoming vulnerable to scammers while conducting banking activities online, banking institutions have taken several security measures. REQUIRED: Explain FIVE (5) security measures imposed by banking institutions for allowing an online access to customer fund.
Online Banking is a product that becomes increasingly important with the increase in online business. Customers via online banking can have an access to their fund without having to go to the bank. In order to avoid the customers' fund from becoming vulnerable to scammers while conducting banking activities online, banking institutions have taken several security measures. REQUIRED: Explain FIVE (5) security measures imposed by banking institutions for allowing an online access to customer fund.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash And Marketable Securities
Section: Chapter Questions
Problem 31MCQ
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