SECURITY THREATS OF COMPUTERIZED BANKING SYSTEMS (CBS): THE MANAGERS’ PERCEPTION IN MALAYSIA

Yıl 2012, Cilt: 4 Sayı: 1, 21 - 30, 01.06.2012

Abu Bakar Malami Zaini Zainol Sherliza Puat Nelson

Öz

Internal control system is an important pillar in an organisation. Considering the
evidence from major accounting fraud cases that occurred consequence to weak
internal control, such as Enron, it could also occur in a financial institution.
Hence, the objective of this study is to investigate the bank managers’ opinion on
the likelihood of security threats in the computerised banking systems (CBS) in
Malaysia. Since most major financial institutions operate in the capital city of
Kuala Lumpur, questionnaires were sent to selected bank branches in Kuala
Lumpur. The findings are expected to provide a platform for bank managers to
share their threats’ experience. Secondly, to assist them in designing and
formulating a sound and effective internal control system that will provide
reasonable assurance for achieving the bank’s mission. Findings are also expected
to provide general insights of internal control system, as most information is very
remote and confidential, thus generate a platform for promoting an efficient and
effective internal control practice in financial institutions.

Anahtar Kelimeler

Threats, Internal Control, CBS, Malaysia

Kaynakça

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