The Increasing Benefits, Identity Theft Concerns, and Responsibilities of Electronic Banking
Electronic banking is continuing to flourish in today’s society, as most banks offer some type of access through electronic or online banking. Most electronic banking services are designed to add convenience and ease for the banking consumer. However, they also have given rise to privacy and identity theft concerns. Hence, with more influence of electronic banking access and online transactions, the consumer must take a more active role in protecting their own privacy.
