Internal human based threats and security controls in computerized banking systems: evidence from Malaysia

Malaysia being a unique capital market, practices dual banking system to capture the disaggregation of conventional and Islamic banking systems. However, like most financial institutions, no bank is isolated from security threats, even if, it comes from within the organization. Thus the objective of...

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Main Authors: Zainol, Zaini, Puat Nelson, Sherliza, Malami, Abu Bakar
Format: Article
Language:English
Published: Elsevier Inc. 2013
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Online Access:http://irep.iium.edu.my/29132/1/sherliza.pdf
http://irep.iium.edu.my/29132/
http://www.sciencedirect.com/science/article/pii/S1877042812050963
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spelling my.iium.irep.291322013-03-18T04:24:47Z http://irep.iium.edu.my/29132/ Internal human based threats and security controls in computerized banking systems: evidence from Malaysia Zainol, Zaini Puat Nelson, Sherliza Malami, Abu Bakar H Social Sciences (General) HG1501 Banking Malaysia being a unique capital market, practices dual banking system to capture the disaggregation of conventional and Islamic banking systems. However, like most financial institutions, no bank is isolated from security threats, even if, it comes from within the organization. Thus the objective of this study is to examine bank managers’ experience on human based security threats and the existence of human based security controls in computerized banking systems (CBS) in Malaysia. Since most major financial institutions operate in the capital city of Kuala Lumpur, questionnaires were sent to some of these bank branches in Kuala Lumpur. Findings revealed that managers recognized the personal policies recruitment procedure, segregation of duties and physical access control as ways to mitigate risks of human security threats. Hence, provide insights of how internal control system of a financial institution can be improved as a means to reduce security threats that have monetary implications. Finally, the study provides a platform for promoting an efficient and effective internal control practices among financial institutions in Malaysia. Elsevier Inc. 2013-12 Article REM application/pdf en http://irep.iium.edu.my/29132/1/sherliza.pdf Zainol, Zaini and Puat Nelson, Sherliza and Malami, Abu Bakar (2013) Internal human based threats and security controls in computerized banking systems: evidence from Malaysia. Procedia Social and Behavioral Sciences, 65 (3). pp. 199-204. ISSN 1877-0428 http://www.sciencedirect.com/science/article/pii/S1877042812050963 10.1016/j.sbspro.2012.11.111
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic H Social Sciences (General)
HG1501 Banking
spellingShingle H Social Sciences (General)
HG1501 Banking
Zainol, Zaini
Puat Nelson, Sherliza
Malami, Abu Bakar
Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
description Malaysia being a unique capital market, practices dual banking system to capture the disaggregation of conventional and Islamic banking systems. However, like most financial institutions, no bank is isolated from security threats, even if, it comes from within the organization. Thus the objective of this study is to examine bank managers’ experience on human based security threats and the existence of human based security controls in computerized banking systems (CBS) in Malaysia. Since most major financial institutions operate in the capital city of Kuala Lumpur, questionnaires were sent to some of these bank branches in Kuala Lumpur. Findings revealed that managers recognized the personal policies recruitment procedure, segregation of duties and physical access control as ways to mitigate risks of human security threats. Hence, provide insights of how internal control system of a financial institution can be improved as a means to reduce security threats that have monetary implications. Finally, the study provides a platform for promoting an efficient and effective internal control practices among financial institutions in Malaysia.
format Article
author Zainol, Zaini
Puat Nelson, Sherliza
Malami, Abu Bakar
author_facet Zainol, Zaini
Puat Nelson, Sherliza
Malami, Abu Bakar
author_sort Zainol, Zaini
title Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
title_short Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
title_full Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
title_fullStr Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
title_full_unstemmed Internal human based threats and security controls in computerized banking systems: evidence from Malaysia
title_sort internal human based threats and security controls in computerized banking systems: evidence from malaysia
publisher Elsevier Inc.
publishDate 2013
url http://irep.iium.edu.my/29132/1/sherliza.pdf
http://irep.iium.edu.my/29132/
http://www.sciencedirect.com/science/article/pii/S1877042812050963
_version_ 1643609612484608000
score 13.211869