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Division of Information Technology
Online
Banking
The processing of financial transactions over the Internet raises
obvious security concerns. Although technical measures can be implemented
to resolve many of those concerns, those measures can be difficult
to set up and maintain, are not fool-proof, and inevitably attract
hackers to the servers on which they are installed. Accordingly,
sites needing online financial processing capabilities must use
a secure, off-campus, insured financial processor to meet the expected
security requirements. Any bank accounts opened as a result of such
activity must have prior approval of the Office of the University
Treasurer. Exceptions must be approved by the Web Policy Council.
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