- 20 Marks
BSIM – April 2024 – L3 – Q7 – Executive Management in ISMS and FinTech Integration
Discuss benefits of executive involvement in information security systems with four examples, and provide four ways banks can use FinTech to improve services.
Question
a. What are the benefits of engaging Executive Management in the creation of an Information Security Management System? Offer four (4) relevant illustrations. (10 marks)
b. Financial Technology (FinTech) Companies have revolutionized the Financial Services Sector by offering customized products and services aimed at providing consumers with convenient access to Banking Services. Provide four (4) instances where banks can harness FinTech Solutions to enhance their service offerings. (10 marks)
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