In the IT governance framework, issues and strategic importance of IT need to be clearly understood so that the organization can implement its strategies effectively to face the growing market competition on a sustained basis. A bank’s vision for IT governance must incorporate ideas and information about the way it executes its business strategy.
It offers great potential, especially for money counterfeiters. Particularly in the starting phase, it can be assumed that consumers are not yet that familiar with the design of the euro banknotes and coins. There will hence be plenty of opportunities to bring counterfeit euro into circulation.