Journal of Computer Science

Information Technology Role in Reducing E-Banking Services Risk in Jordanian Banking Sector

Badi S. AL-Rawashdeh, Aymen M. Abu-Errub, Ahmad Y. Areiqat and Mohammad Dbbaghieh

DOI : 10.3844/jcssp.2012.374.381

Journal of Computer Science

Volume 8, Issue 3

Pages 374-381

Abstract

Problem statement: This study aims to highlight the role of information technology in reducing risk of electronic banking services in the Jordanian banking sector. The study was conducted on three banks as a sample representative of the Jordanian banking sector. Approach: Data collection was through conducting personal interviews with the operations managers in the three banks (HBTF, JC Bank and Audi Bank). Results: The results showed that Jordanian banks showing highest attention toward risk management of e-banking, through their commitment to Basel Standards on risk management. Conclusion: Through the study, it will be clear that Jordanian banks committed to the standards of the Basel committee on safety and security of electronic banking services. These banks take into account all the potential risks before applying any system of electronic services. It is irrefutable evidence on the banks of Jordan keenness on protecting themselves and their customers from risk of theft through electronic means, the banks included their websites with detailed instructions to ensure that no customer fall prey to hackers.

Copyright

© 2012 Badi S. AL-Rawashdeh, Aymen M. Abu-Errub, Ahmad Y. Areiqat and Mohammad Dbbaghieh. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.