Research On Electronic Banking Risk Prevention Of Quanzhou Branch Industrial Bank

Along with the continuing development of communication technology and globalization and informationization of finance, the competition of finance is getting fierce daily and electronic banking (this will be shortened as E-banking) has been becoming focus of all industrial banks development. Owing to the restriction of banking system, market development and operational strategy, the effects for both economy of scales and economy of scope of E-banking business in our country.Therefore, The Industrial Bank should strengthen its strategic planning, in order for it to develop better and faster E-banking business. It also needs to do more in cost input, risk prevention, resource consolidation, and human resource development in order to enhance the competitive advantage in the banking sector.It is shown through The Research Report on China’s Internet Bank in2009that China’s Internet Banking has shown a general upward trend development despite the impact of the global financial crisis. Among the urban population in2009, there are20.9%are internet bank users; of which76.7%are mobile users and40.5%are business users, and the transaction of the latter comes to70.3%.But the fake bank websites since the end of2003to2005, and "Bank robbery of Trojan horse virus" stealing bank personal codes in2004, mobile telephone message cheating, and telephone cheating of fake bank employees, etc. happen so often which threatens the security of banking sector. These people use all means and all methods, thus security problem becomes the number one concern for non-electronic banking.Under this circumstance, and with the business risks of the E-banking of Quanzhou Branch, Industrial Bank as a research target, the aim of this paper is to explore the practical significance of risk prevention in E-banking, perception of E-banking business and its development, and the realization of all possible risks that may happen at any where of E-banking. Through the analysis of E-banking risk management, the author of this paper will give some suggestions and recommendations for risk-prevention and management, which will promote the speedy development of E-banking business at all banks.