A national banks wants to ensure that its financial systems are secure against attack. Other than code of conduct, describe four factors that should be included in the bank's security policy. (8 marks)
- physical security- instead of using technology to keep the hardware and software safe... this includes 'physically' keeping it safe eg. locks, coded safes, biometric methods
- logical (software) methods-user ID, passwords, levels of access, encryption
- continuous investigation of irregularities- query any transactions that are out of the ordinary
- system access- firewalls
- personnel administration-training and ensuring the staff are able to do the task
- operational procedures-disaster recovery plan
- disciplinary procedures- warnings, dismissal, prosecutions...
(ANY 4 FROM THE ABOVE POINTS AND A SUITABLE EXAMPLE with added detail WOULD GAIN YOU 8 MARKS)
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