News, Reviews & Your Views

 
 
Random Article

 
Latest Updates
 

Security

Securing your Online Banking service

The most important aspect of using any online banking services, is security.  It can be an overwhelming area to consider, with passwords, e-mail scams, identity theft and anti-virus to name just a few of the things constantly in the news.

Thankfully banks do their utmost to protect their customers, as security loopoles or failures in their security systems have a damaging and lasting impact on thier reputation.  The knock on effect being that customers would likely close their accounts and move to banks where the felt their hard earned ££s were safe.

All banks offering online banking do have some form of gurantee in place, which effectively means that should they be deemed responsible for losing your money, then they would fully re-imburse these losses.

You can find all security related postings here:

  • Is it safer to do my online banking by phone? July 1, 2015 BexJust a few years ago many of us wouldn’t have even considered doing mobile banking on our phones, presuming that it was a very unsecure method of accessing our accounts. But, surprisingly, experts are now advising that doing online banking on our smartphones is actually safer than doing it on our PC’s.
    In a recent article …
  • Who’s to blame for recent Online Banking failures? April 28, 2015 BexIt seems nothing is foolproof in the world of banking and this rings most true in online banking. With an increasing number of errors occurring across the board combined with higher customer expectations is it any wonder that the banking community is feeling the strain.
    Solutions VP, Michael Allen, at application performance management company Dynatrace, opens …
  • Barclays Release Mobile PIN Sentry February 24, 2013 SimonWhat is Mobile PINsentry?
    Mobile PINsentry is a feature in the Barclays Mobile Banking app that you can use in the same manner as you would your PINsentry card reader. It offers you the same convenience as your card reader and the added flexibility of not having to carry your card reader around with you when …
  • Safety fears over finance phone apps June 7, 2012 PeterMost major banks have an app for smart phones these days, and they are now being targeted by online fraudsters.
    Consumers in the UK are being bombarded with financial banking apps to help them manage their money on the move, but technology experts are warning of the potential security risks, says Alexandra Goss in last weeks  Sunday times. …
  • Online Banking Fraud on the Decline December 19, 2011 Simont looks like the security updates to online banking services, coupled with a more ‘savvy’ customer is proving to be a success in reducing fraud, with new figures showing a 32{a7f143556510d926cb072b695f3ed49f89b7d13a9d4c359f2399f0d9de0c1da1} decrease from 2010 to 2011.
    A recent survey published by the Financial Fraud Action UK group is indicating that fraud relating to online banking is …
  • Barclays Planning Online Banking Login Changes April 22, 2011 SimonFollowing feedback from their customers, Barclays have announced plans to make it easier for their customers to log into Online and Mobile banking.
    PINsentry has been a requirement for accessing Barclays Online Banking service for a while now, and is basically a small hand-held device that you insert your Barclays Bank debit or authentication card into. …
  • Kaspersky Mobile Security 9 Now Available from Android Market April 13, 2011 SimonKaspersky Lab has today announced that Kaspersky Mobile Security 9 is now available through Google’s Android Market. A lifelong license for one device costs £5.95.
    Owners of Android-based smartphones can now get comprehensive protection for their device and all of the data stored on it. If the phone is lost or stolen, the product enables the …
  • HSBC Reveals New Security Device to Protect Online Banking Customers April 2, 2011 SimonHSBC Bank is in the process of sending all of its personal internet banking customers a new device which is intended to add an extra layer of security whilst  accessing HSBC accounts online.
    The device, which is being labelled  ‘small enough to keep in a wallet or purse’, generates a unique PIN code each time a …
  • Yorkshire Building Society Introduces New Security Measures March 24, 2011 SimonTo verify your identity, Yorkshire Building Society (YBS) currently use your date of birth and your password.  For your added protection and to keep their website at the forefront of internet security, they are introducing an additional security measure that uses the telephone.  This is becoming quite common now within the online banking community.
    What is …
  • Nationwide Issue Card Security Readers March 8, 2011 SimonIt looks like Nationwide are stepping up their Internet Banking security, as we’ve heard from numerous customers that they’ve been started to receive Card Readers in the post for signing onto their online banking service.
    Whilst card readers have been available from Nationwide since 2008, they appear to be sending them to all of their online …



css.php