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Eliminating Risk from Electronic Banking

Question: 
can completely I eliminate risk from electronic banking channels?
Answer: 

Stop offering the service. Electronic banking will always be an attractive target for the "bad guys", and it is impossible to eliminate the risk of electronic banking. It is possible to mitigate the effects of the risks. An effective risk assessment program, coupled with a detailed incident reporting program can reduce the impact of those risks on both the customer and your institution.

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First published on 06/04/2007

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