The risk that misstatements that could occur in an account balance or class of transactions and that could be material, individually or when aggregated with the misstatements in other balances or...
Unauthorized access is one of the main risks of Telephone Banking. Since the customer care executive on the other side of the phone cannot see the customer he would not be able to 100% validate if...
Unauthorized access or Phishing is one of the main risks in Internet Banking. If a customer provides his internet banking credentials in a website that is not a legit bank website, his details can be...