Accessing bank data crime through the use of various information Dissertation

Accessing bank info crime through the use of respective(a) education technology in Saudi right - Dissertation ExampleHowever, the same has also guide to a simultaneous rise in data crimes, and identity thefts have change magnitude manifold. The playing landing field for criminals has also widened, opening up newer avenues for committing virtual crimes thus replacing unpleasant physical encounters with cyber crimes (Yusuf 2003). For instance, prior to the computerization of banks, most of the bank frauds or thefts involved armed robberies and breaking into banks causing physical injury to race and considerable damage to property. Today, the criminals use internet to break into customers accounts and steal their identities for withdrawing cash, thus only causing pecuniary damage. The tools available at the disposal of much(prenominal) criminals have also risen considerably with the advent of information technology, where frauds and thefts can easily be committed from the comf orts of ones own home (Forder, Quirk, 2001 Kono et al, 2002). The feature that computers and internet have made life easier for customers in the banking sector, with services enabled through technology such as ATMs, internet banking, and bank by phone services, cannot be denied. However, at the same time, the complexities of bank-related crimes have also addd substantially and simultaneously. It has posed newer challenges for law enforcement agencies to monitor and control such crimes, making it practically mandatory for the law makers to enact new cyber laws and their officers to gain and be proficient in computer science / forensics. As man grow more and more dependent on technology, it is highly likely that computer related crimes would increase simultaneously (Lee, Lee, & Kim, 2007). Hence, the appropriate enactment and application of laws and utile use of technology are the only tools to storm and address such crimes with utmost efficiency. Furthermore, it is also equally important, rather imperative, for customers to understand and be aware of such crimes so as to secure their bank accounts from such fraudulent practices (Sathe, 1999 Salvatore, 2006 Jaffer, 2005 Laforet 2008 Dar and Presley 2003). This paper seeks to discuss, analyze and recommend slipway to combat the challenges posed by technology enabled crimes within the banking sector, and use the same as an effective kernel of securing and preventing bank data thefts. Meaning and Definitions of key terms used Data According to Article 1 (3) of the Anti Cyber Crime Law, the term data refers to Information, commands, messages, voices, or images which are inclined(p) or have been prepared for use in computers. This includes data which can be saved, processed, transmitted, or constructed by computers, such as numbers, letters, codes, etcetera Thus with reference to banks and for the purpose of this study, data thefts refers to the theft of all or any of the above mentioned data by use of infor mation technology. Significance This study would help in identifying the various ways in which data thefts occur in banks and raise awareness on the issue. Furthermore, it is intended to highlight the many ways in which technology can be used to counter such crimes, and address them through effective application of technology (Zheng and Ni, 2006). This study would also include various recommendations to reduce such thefts through interlocking security ensure greater protection of customers data by using tools which would prevent the cyber criminals from hacking and other comparable ID related frauds. Thus, help the banks in improving its productivity as well as profitability by offering secure transactions. Scope of study This study aims to highlight the