Europeans worry about online banking security

Wednesday, 30 March 2005, 5:29 PM EST

Phishing, keystroke logging and other types of scams are increasingly worrying users of online banking services in Europe while scaring others away, according to a report issued Tuesday from Forrester Research Inc.

To retain online customers and win new ones, banks will need to change many consumers' belief that online banking isn't safe. That means, according to Forrester, banks can't rely solely on governments or ISPs to make the Internet a safe place to do business but must deploy or strengthen two-factor authentication and educate Net users about security precautions, such as firewalls.

By John Blau at IT World.

[ Read more ]




Spotlight

Banks and IT security: The elements of success

Nathan Horn-Mitchem, VP, Information Security Officer at Provident Bank, talks about delivering and maintaining IT security for 80 branches of the bank.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Mar 27th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //