Information security is a great concern to computer users, which is not only a technical problem, but also related to human factors. One of the main issues in Kingdom of Saudi Arabia related to Internet banking is the weak security in Internet banking application. Therefore this study will investigate further the solution to enhance the security issues in Internet banking implementation. In today's high speed world, millions of transactions occur every minute. For these transactions, data need to be readily available for the genuine people who want to have access, and it must be kept securely from imposters. Information security is measured by the degree of the application of ISO 27001 and PCI-DSS standards on Saudian Banks, while banks' performance is measured by indicators of profitability and asset quality. This paper aims to comprehensively identify and assess the information security management for e-banks in Saudi Arabia with an attempt to fill the gap in the literature