Analysis And Suggestion On The Information Security Of S Bank’s Internet Finance Business

Along with the development of Internet technology,Internet finance is bringing huge benefits to people with its rapidly improved openness,equality,high efficiency and self-sufficiency.In comparison,the disadvantages of traditional financial service have been more and more unnegligible.However,when severe events such as runaway of p2 p platform,or disclosure of customer information from big e-commerce sites occurred,Internet finance is exposing its higher risks in terms of supervision,credibility,and information security.In this article,related concepts and theoretical basis of development of Internet finance,the main innovation model and an overall developing situation of Chinese Internet finance is introduced in the first place.Next,using Bank S as an example,the author explains the progresses Bank S made in its cooperation with p2 p,direct bank,and third party payment service.Among the progresses,the author evaluates all kinds of factors that will possibly bring risks to the security of information,such as supervision policy,internal operation,outsourcing management,technical security,third-party relationship,and crisis management.In the next place,both the effectiveness and existing insufficient of steps Bank S take to address each factor are analyzed.At the end of this paper,the author provides feasible solutions for Bank S to reinforce its information security of Internet finance in three distinct aspects: supervision department,Bank S itself,and consumers.