Title: Lability Issues in Internet Banking
Abstract: Electronic
banking, particularly internet banking has revolutionized the banking
industry
making transactions faster and more convenient. But security issues
present
a pressing concern. Even with the best supervisory and security devices
losses
may occur. This paper examines the regulatory regime in Malaysia
as
set out by Bank Negara Malaysia and compares it to the United Kingdom
and
Australia. The focus is on civil liability issues in this area and in
this
context a landmark case in the United States of America with potential
global
impact is discussed.
Author: Gita
Radhakrishna