Keywords: banking information system, banking information systems security, cloud computing in banking INFORMATION SYSTEMS IN BANKING INDUSTRY Executive Summation: Information systems are extremely vital for the expansion and success of business organizations in today's world. All areas of the industry are totally dependent on these for the management of important info and data. Small organizations to large, powerful businesses such as traditional banking institutions and central and local government are taking the assistance of information systems to modify their data. In this particular paper, we will discuss the various advantages of the utilization of information systems in the bank industry. We will thoroughly analyze the requirements of information systems at the many different levels and review the security needs for these purposes.