PRINCIPLES OF MANAGING AND SUPERVISING E-BANKING RISKS

Abstract

This study aims to highlight the importance of e-banking risk management principles in enhancing the security and efficiency of digital banking operations amid the rapid digital transformation witnessed by the financial and banking sector. The study addressed the various risks associated with e-banking, including technical risks, cyber threats, electronic fraud, as well as legal and regulatory risks that may affect the stability of financial institutions and customers’ trust in digital services. The study also sought to analyze the most important internationally recognized principles and standards adopted in e-banking risk management, with a focus on the role of banking governance, internal control systems, and cyber security mechanisms in mitigating risks and enhancing the protection of data and electronic transactions.

The study adopted a descriptive-analytical approach through reviewing theoretical literature and analyzing the regulatory and technical frameworks related to the subject. The findings revealed that the effectiveness of e-banking risk management represents a fundamental factor in achieving financial stability and ensuring the sustainability of digital banking services. Moreover, the success of banking institutions in confronting cyber threats is closely linked to their ability to develop digital protection systems, adopt proactive risk management strategies, and enhance digital awareness among employees and customers. The study also confirmed that digital transformation in the banking sector requires an integrated regulatory and technological environment that balances financial innovation with banking security.