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Rbs Computer Crime

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Submitted By asmaamira
Words 3360
Pages 14
Summary

Royal Bank of Scotland is one of the main World Bank. The bank have been open at many country. So they have high reputation. The bank are providing a personal banking, online banking, mortgages, bank accounts, credit cards, savings, loans and more even though at an international level. Many people are able to loan the money. The computer are facing lot of problem. So this will highly effect the reputation and can cause lot of trouble to the people. The problem was cause from the junior technician. The problem happen when the process of the software upgrade.

The problem that may cause to the problem is a lot of number of workers. Lot number of workers and unexperienced workers have cause to the situation. The salary of the workers also the factor of the problem. The workers said that they should receive more from what they receive now a days. This may cause the worker not interested to the works.

Chief executive of RBS said that the problem came from the technology and not from the workers. He said that the error is understood to have occurred after a software update froze part of the banks’ computer systems last Wednesday, affecting 17 million customers. Although the problem was resolved on Friday, it created a backlog of more than 100 million transactions that were not paid in or out of bank accounts as they should have been. The problem will hang and take a long time when the worker will dismiss and the new unexperienced workers will replace and this will cause to trouble for twice. This will affect the bank and the business mainly. The bank will be responsible on what have happen and bank have spent lot of money on the management it at the bank. Senior bonus of RBS will be deduct to motivate the workers to work smart in the future.

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