INTRODUCTION
The Internet is the nervous system of the 21st century. The World Wide Web has
integrated people and systems like never before. Every organization, today, is
harnessing the benefits of the Internet’s neural network; and, the banking sector is no
exception. The banking sector has always been in the vanguard of technology in order to
add value to its products, services and efficiency.
The Internet has galvanized business
by increasing customer base, reducing transaction costs, and enabling sale of products
globally. However, the Internet’s Achilles’ heel is the security architecture.
Investin in a
new information system or updating the current one is not cost effective for any organization. Technology investment results from careful consideration based on
evaluation and analysis of the pay offs for future success. This research paper is
concerned with Information Systems (IS) success in internet banking and its security
concerns at the individual level of analysis.