The Supervise Of The Regulation Of Joint-slock Commerical Banks Information Technology Risk

With the reform and opening up30years of rapid economicdevelopment in China,The financial industry is in the position and role ofChina’s increasingly important,The priority among priorities especially inthe banking industry as the financial industry, more and more people mustdealing with commercial bank in their daily life, such as personal depositsand withdrawals, personal financial, online payment, buy a house or buya car, or even pay utilities, cable television fees, tuition fees, registrationfees and so on has to deal with bank. And all of these businesses arebased on network and information technology. If the commercial banknetwork or system failure, it may lead to the transaction could not be,then affects the normal life of the masses of the people. Once theinstability of the banking system, will lead to social unrest,and even leadto economic crisis. However, in recent years, all kinds of risk events inbanks worldwide and even collapse incidents continue to occur, such asthe1995British Bahrain bank failures and the2008AmericanWashington Mutual bank failures had a tremendous negative impact in the world. Recently, in China, banks also has some kinds of bugs exposed,among which the most serious is the1998Hainan development bankfailures, the Hainan Development Bank to become China’s first is by farthe only bank collapse. The occurrence of these events make the wholesociety for bank risk increased focus to hitherto unknown height after thefounding of new china. In the new Basel Capital Accord in the famousbank risk into three categories--credit risk, market risk and operationalrisk. In the operational risk is a special kind of risk is called informationtechnology risk, the difference between this risk and other risks is thatonce this kind of risk occur, may lead to the modern banking systemparalyzed instantly, causing huge losses, with the wide application of theInternet in the banking industry, this kind of risk may also lead to crisis ofbanking in the industry, and may even spread to other entities industry.And this kind of risk events are often without any warning, it is difficultto effectively prevent and control, is still a hand on the regulation ofbanking industry is difficult to supervision. This paper is around how tothis kind of risk is discussed regulatory expansion.