South African banks and their online privacy policy statements: A content analysis

South African Journal of Information Management

 
 
Field Value
 
Title South African banks and their online privacy policy statements: A content analysis
 
Creator Kabanda, Salah K. Brown, Irwin Nyamakura, V. Keshav, J.
 
Subject — business confidence; ECT Act; privacy policy statements; trust
Description In Internet banking and Internet-related transactions, security and privacy are of great concern. To alleviate these concerns, the South African government has promulgated the Electronic Communications and Transactions (ECT) Act No. 25 of 2002. The Act regulates all electronic communication transactions in South Africa. Business organisations implement the Act by, for example, posting a privacy policy statement on their websites, which, in accordance with the requirements of the ECT Act, states how the organisation will use any personal identifiable information provided by the client. This study investigates whether South African banks that subscribe to the ECT Act comply with the principles relating to the protection of a consumer’s personal information. The study employed the research methods of content analysis and interviews. The findings indicate that some banks only complied with a few of the ECT Act principles, which, according to the interview respondents, undermines the levels of trust which are in play between their banks and themselves. The respondents themselves were not fully aware of all the ECT Act requirements. This lack of awareness results in consumers failing to assess the comprehensiveness of their bank’s policy statements and to what extent such banks comply with the ECT Act.
 
Publisher AOSIS
 
Contributor This material is based upon work supported financially by the National Research Foundation
Date 2010-09-29
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — —
Format text/html text/xml application/pdf
Identifier 10.4102/sajim.v12i1.418
 
Source SA Journal of Information Management; Vol 12, No 1 (2010); 7 pages 1560-683X 2078-1865
 
Language eng
 
Relation
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https://sajim.co.za/index.php/sajim/article/view/418/410 https://sajim.co.za/index.php/sajim/article/view/418/411 https://sajim.co.za/index.php/sajim/article/view/418/409 https://sajim.co.za/index.php/sajim/article/downloadSuppFile/418/103 https://sajim.co.za/index.php/sajim/article/downloadSuppFile/418/104 https://sajim.co.za/index.php/sajim/article/downloadSuppFile/418/105
 
Coverage — — —
Rights Copyright (c) 2010 Salah K. Kabanda, Irwin Brown, V. Nyamakura, J. Keshav https://creativecommons.org/licenses/by/4.0
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