13 October 2006

UK - Internet banking security criticised

(BCS)
Britain's major banks have been criticized in a new study for failing to adequately protect their online banking customers. A report by Heise Security claims that many ebanking sites contain vulnerabilities and flaws that can be exploited by web criminals. The company also states that security holes can make it easier for phishing scammers to create more convincing attacks and employ frame spoofing techniques.