Risk of E-Banking: The Chief Privacy Officer (CPO) is a senior level executive within a business or organization who is responsible

for managing the risks and business impacts of privacy laws and policies. He regulates all the department of e-banking. So all the risk responsibility goes to him http://en.wikipedia.org/wiki/Chief_privacy_officer Strategic risk: There can be a lack of understanding about its potential and implications. Bank should handle such kind of risk by having clear strategy from the top that this strategy takes effects of ebanking. Business risk: No body knows much about e-banking whether customer will have different characteristics then traditional. Bank may not access credit at a distance effectively as they do in face to face. Security risk: The online banking work automatically through a password and a card. There is a risk to lose of confidential materials and can be made any unexpected job. Reputation risk: For the fault of system, customers banking performance can be hampered and it could be responsible for reputation of parties. Crimes on E-Banking: 1. Unauthorized access into network system. 2. The use of the laying devices 3. The implementation of computer viruses and other ways of disturbance. 4. Deactivate protected equipment 5. Forming, transferring, accepting, transforming, displaying and keeping some information 6. Access in the restricted automated systems. 7. Monitoring the protection of the software integrity. 8. Registration (logging) with reference to the forbidden resources 9. Cryptographic methods (Hiding information of computer system.)

Provisions regarding E-Banking crime: According to ICT act 2006 Sec 56 Hacking or access without authorization If any person: A) Does any kind of offence knowing, it will hamper the resource, erase or change any computer system which will loss public assets. B) Access into any computer, server, network system without authorization. It should treat as hacking crime/offence. Penalty: Maximum 10 year, one 1, 00, 00,000 taka or both of this penalty Sec 61 penalty of accessing in restricted system Unauthorized access into any computer system knowing that it is restricted by controller of government should be treated as unauthorized access. Penalty: Maximum 10 year, 1, 00,000 taka or both of this. Sec 54 penalty of destruction into computer, computer system, etc Damage any file, resource, document, data, program, network system should be treated as a crime. Penalty: Maximum 10 year, 1, 00,000 taka or both of this. Sec 55 penalty of cracking If any body does any hamper to any source code, hide code and desolate of any computer, computer program, computer system and computer network or does by another body will be treated as cracking offence/crime. Penalty: Maximum 3 year, 3, 00,000 taka or both of this. According to penal code of Bangladesh: Sec 03: Punishment of offences committed beyond, but which by law may be treated within, Bangladesh.