Keywords: banking information system, banking information systems security, cloud computing in banking
INFORMATION SYSTEMS IN BANKING INDUSTRY
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.
PAPA Model: Today, the considerable use of computer knowledge & information technology in the business world and other intuitions has brought many ethical issues and concern. Mason presented four most crucial honest issues of the info period on 1986: that are Privacy, correctness, property and ease of access abbreviated to PAPA. Mason's PAPA model centered on the individual impairment which could arise from the unethical or misuse of information and information technology. Predicated on the Framework produced by Mason we can analyse and reach the conclusion on ethical issues surfaced by the unethical use of information technology. PAPA model enlightens depth knowledge on the particular Privacy, reliability, property and correctness means, that they are interrelated, what are their differences and how they help us to reach the final outcome on moral issues.