Jalal HafidiMIS5206 .001– HDFC Case Analysis 11. What, if anything, should HDFC do to enhance security for existing customers? First of all, all systems can be compromised no matter what, which is impossible. This is not yet done in the IT field. HDFC is still relatively new in the market, and with the technology trend, online banking will be the most difficult and vulnerable part of the game. HDFC seems to have a pretty strong security system and procedures, however, its models have not yet matured, which may result in inconvenience for customers and/or an opportunity for hackers to test and dust off their hacking skills. HDFC has identified its mission as becoming “a world-class Indian bank” as good as that sounds from a business perspective, hackers find it fun to collapse. It will inevitably become the target of sophisticated attacks. HDFC already has a technology-intensive system to analyze transactions and assign a risk rate to them, the higher the rate, the more likely they are fraudulent. It provides a cooling period for the transaction to be fully completed, it uses standard controls such as...