Why is security so important for a bank

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Reference no: EM133419523

Assignment:

Read the short case on "Security for Online Bank Transactions" on pages 100-101 and discuss the four questions at the end of the case. Glimpse over to enrich the discussion.

1. Why is security so important for a bank?

2. Why is there a need for two firewalls?

3. Who is protected by the bank's security system-the customer, the bank, or both? Elaborate.

4. What might be the limitations of such a security system?

Reference no: EM133419523

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