If there's one aspect of bank technology that everyone's agreed on, it's that no technology category is more important to the banking industry than Internet security. Or so suggests this year's Best of the Newest, Bank Technology News' annual industry poll. Internet security, which tied for first place last year, was the outright winner this year. And respondents anticipate its importance will only accelerate in 2001.
The emphasis on cyber security was seconded when respondents ranked specific security technologies, separate from the broad category of Internet security. Of 34 categories rated, those responding to the survey expect digital certificates/public key infrastructure, online credit card fraud detection software and online privacy protection software to enter the Top 10 bank technologies in the future. The same is true of risk-management software, which also is tied to Internet security.