A Brief Note On Information Technology Banking Security Essay

1002 Words Sep 28th, 2016 5 Pages
Information Technology Banking Security

Over time, people have invented many useful things in order to make the life easier. In the past, the life was more difficult than it is now. People work hard to develop the world and make humans live easier. Telephone, for example, has helped humans to keep in touch. People invent things such as cars, airplanes, and other innovations that people didn’t expected to see in the future. One of the services that people have developed is the online banking system. In the past, people had to stay in line to talk to an employee to get cash. Then ATMs and credit cardes appeared to help people get cash. Nowadays, people don’t have to go to the bank. They can get almost every banking service via online banking. Online banking is a system that allows people to access their bank accounts and do many banking services (Zhou, Li, Huan, Shen & Li, 2014, p. 2178). Online banking has many benefits. It can save people’s time and money. However, it can be dangerous for people (Tang, 2015, p. 329).

Online banking services help customers and banks. Customers don’t have to go to the bank and wait in line to get cash or transfer money and waste time. Also banks don’t have to have as many employees as in the past (Ojeka, 2011, p.39). According to a study that was made in 2013, 51% of U.S adults are using online banking via mobile phone. Also this study shows that the percentage of online banking users has risen 40% in 2010 to 51% in 2013 (Makarevic &…

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