what are the main points you would suggest a financial institution should take care of to ensure the security of its electronic banking and the security of its information? 

Security of information and banking

Financial institutions deal with delicate activities and therefore security of its information and banking activities need to be secured from theft or illegal disclosures. The main points that a financial institution should carry out to enhance security include;

       i.  Carry out regular updates to enhance the electronic banking system. This updates involves efficient maintenance of the system and detection of any linkages.

     ii. Enhance confidentiality of the institution's information so as to avoid untimely and inappropriate disclosures that may lead to theft.

   iii. Also, to enhance security of the information, the institution should use complex and frequent change o of passwords as well as ensuring that the information is secure from hacking and also making regular back up of information.

   iv.           The use of mobile banking enhances security of the electronic banking of a financial institution such that each individual account holder is only able to access his/her account thereby reducing fraud that may occur as a result of using a common banking operator.