ABSTRACT
14.1 Banking is a data-intensive business, dependent on computer systems and telecommunication networks for the provision of financial services at the national and international level. Such dependency obviously creates risks, from systems failure to deliberate criminal interference. With the latest developments in “virtual banking” across open-networks such as the Internet, these risks can be expected to multiply. 1 This Chapter examines some of the legal aspects of computer crime in the context of Internet-based payment services.
