A Study Of It Securities And Litigation

Published Date: 02 Nov 2017

Problem Statement : A study on IT Securities and Litigation

Background : Use of Information Technology is found in almost every organization in today’s era. IT helps in synchronizing the tasks, managing the data, operation, HR, and to a certain extent almost every field in an organization. However, with implementation of IT, certain security measures are also required to safeguard sensitive and valuable information for any organization. Hence various IT security measures are required to be inculcated in an organization to ensure the safety of data.

Companies :

The Indian Banking Sector has 5 major companies:

State Bank Of India

Punjab National Bank

Bank of Baroda

IDBI Bank

Syndicate Bank

iii) Need For Research : This Research is a guideline to analyze the various IT threats that make any organization vulnerable to theft and to determine various security measures which are implemented in an organization.

Also to determine the appropriate IT security models which fit for an organization so that the security of an organization is not compromised.

iv) Objective :

(i) To highlight the importance of IT Securities and Litigation

(ii) To determine what are the various IT security measures which can be implemented in an organization.

(iii) To determine the IT security policies which can help in safeguarding the IT infrastructure of an organization

(iv) To highlight the enforcement regime

(v) Scope of the Research:

The research would be carried in banking sector implementing IT infrastructure. Analyses of the IT models used will give an overview of the working of the organization as well as the safety of data. It provides for the ways so as to develop a safe IT infrastructure in an organization which improves the efficiency and effectiveness of operations and helps in optimizing the various tasks which are performed in the daily routine of an organization.

Literature Review

Online Banking has made its possession strongest within a short span of 2 decades. Internet banking has extended it’s network following some barriers of ATM, PC banking, and home banking in 1980’s era. Internet banking now is convenient, less complex and more compatible.

However, by the end of 2002, some estimates proved that as many as 30 percent of Americans were doing banking online, which increased at 50 percent in 2003. Similarly, others forecasted that over 20 million people in the UK will adopt e-banking by the end of 2005. This trend is also apparent in Singapore, Sweden, Germany and Norway, and the more advanced service-providing economies in the world, and also in India. Nevertheless, security played an important role in adopting Internet banking and the continuation of its use which indicates that the security concerns are directly linked with the adoption of online banking

With the wide-expansion of mobile telecommunication technology into the business world, mobile banking became the popular and promising banking method in bank industry recently. Mobile banking can provide customers with better quality and more cost-saving services. It refers to provision and availment of banking and financial services with the help of mobile telecommunication devices. The scope of provided services may include facilities to conduct bank and investment market transactions, to administer accounts and to access customized information. Most of the mobile banking researchers agreed that mobile banking consists of three parts: mobile accounting, mobile brokerage and mobile financial information services. For customer service sector including: balance checking, account transactions, payment, etc. conventional banking services. Increasingly, bank customers will expect real-time information and access 24 hours a day, seven days a week, wherever they are in the world. Services such as electronic account management, mobile brokerage and financial information and alerts enable banks and network operators to increase bank’s competitive edge and strengthen customer loyalty.

A mobile banking system comprises a mobile banking unit and a data processing centre which may be the mainframe computer of the bank responsible for processing banking transactions and data storage. The mobile banking includes one or more banking terminals such as ATMs, deposit machines and multimedia enquiry stations.

Mobile banking system has provided a good foundation for providing personalized, customer- oriented, new model of financial services, which incorporates a number of wireless communication channels, integrate the merits of different technologies.

Research Methodology

With Respect to the objective of the research , the research design adopted in the project is described below :

1) RESEARCH DESIGN

Descriptive Research

The motive to use this research design are as follows:

To describe the importance of IT security in an organization and to adopt appropriate security models to safeguard data.

2) INFORMATION NEEDED

All possible variables that can affect the choice of a IT security model. Also the sustaining models which are in effect in various organizations are referred. To access this information following company’s websites are referred :

Punjab National Bank

State Bank Of India

Bank Of Baroda

ICICI

Syndicate Bank

3) RESEARCH INSTRUMENT

Analysis to determine the prominent factors that affect the IT infrastructure. Also to analyse and interpret the various models used in an organization.

4) METHODS OF DATA COLLECTION

i) Survey

ii) Interview

iii) Research Papers Published

iv) Internet

5) AREAS TO BE COVERED

Dehradun

Chapter Outline

1. Introduction

2. Literature Review

3. Research Methodology

4. Research Plan

5. Research Analysis

6. Findings

7. Conclusion

8. Recommendations

9. Limitations

10. References