| Since the 1990s, the information technology (IT) has been developed and expanded rapidly in the banking and financial services. IT affects the organizations, products and the form of services in banking in an unprecedented breadth and depth, and changes the direction of the development of banking functions. IT also put forward a variety of new challenges to banking supervision. That results a landmark bank------online banking.The fundamental reason of online banking development comes from the enterprises' pursuit of competitive advantage in banking market. It is the fierce market competition from international economic integration, financial internationalization that drives banks switch to the online banking externally. And the internal demand of banking innovation and development is the intrinsic force. In addition, the rapid developments of computer and Internet technologies provide a technological basis for the online banking. The e-commerce provides market demands and technological development needs for the emergence and development of the online banking in this period.However, IT has "double-edged sword" effect, which also brings a variety of IT-related risks to the bank. That is called the IT risk. The information technologies in the online banking are involved in network technology, communication technology, security technology, Internet technology and other technologies. So the online banking is a complex integrated system. Supervision on the online banking is still at the initial stage in China, which still remains in the market access supervision. The research and results are much scarce in the supervision system of the IT risk. It is one of the main reasons that we are lack of an effective IT risk supervision mechanism in risk control. Therefore, it is required the banking regulatory authority to develop effective IT risk supervision measures, and strengthen the IT risk supervision of the online banking. That has become one of the most important research topics in the financial field of the information age. On the background of the development of IT and IT-induced risk to the banking supervision, on the basis of deeply studying of the definition of online banks' IT risk, its causes and characteristics, the supervision strategies of foreign banks' IT risk, methods and processes, the paper designed the rating system, which targeted on the IT of online banking, the technical indicators and warning system of supervision in order to improve the IT risk supervision measures of the online banking, as well as for reference. So this study has the practical meaning.The author's contributions are listed as follows:1. Analyzing and studying the theory of IT risks of the online banking, acknowledging the scope and content clearly, knowing the principles and objectives of IT risk supervision;2. Studying and summarizing the supervision methods, strategies and experiences of foreign online banks' IT risk, acknowledging the international awareness on the latest theories and methods of IT risk supervision;3. Designing the rating system, the technical indicators and warning systems for the IT risk supervision as an overall response. |
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