You are to provide a security architectural design for a new, internet-based bank that you are setting up,
having been granted a banking license under the new “No More Squirrelling” legislation recently passed
by the Federal Government.
The requirements for this design are described below.
Because you are dealing with a bank, a number of security concerns at various levels need to be
addressed in your architecture:
- Compliance with federal and state legislation,
- Public confidence in your enterprise by providing confidentiality, availability and integrity of
customer data, - Privacy of customer data,
- Interoperation with other financial institutions, both nationally and internationally,
- Compliance with international standards,
- Security of all bank assets,
- Current trends in customer engagement via the internet
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