Central Banking

Crucial factors for online banking

MALAYSIA - In order to provide Internet or online banking, banks operating in Malaysia are required by Bank Negara (BNM) to employ the services of a well mandated or a trusted security system.

This also applies to foreign banks, said Internet security provider and licensed certification authority (CA), msctrustgate.com Sdn Bhd security manager Izzam Ibrahim.

"The services have to be provided from a technology that is equivalent to a Public Key Infrastructure (PKI) in order to comply with the Di