Feeds

Online banking ‘less safe’

Well if banks don't have safes, where do they stash the cash?

  • alert
  • submit to reddit

Security for virtualized datacentres

Consumers are losing confidence in online banking believing them to be "less safe" than conventional banking.

The latest quarterly survey from ICM Research claims two thirds (69 per cent) of people think online banking is not as safe as traditional bricks and mortar banking.

That's a 22 per cent drop in confidence since the last survey was carried out in June.

Worryingly, 82 per cent of people said that the Government should intervene to ensure that businesses better protect their customers against Internet fraud.

Exactly what the Government is supposed to do is slightly baffling. Surely, it's up to the banks to ensure their businesses are safe - after all, they do earn gazillions by stashing our cash under their beds.

Last month, a number of people were charged with trying to defraud online bank Egg. ®

Related Story
Alliance & Leicester banks on Net for future
Irish banks suffer dotcom flatulence
Egg fraud suspects charged

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.