Should You Skip Out On Internet Banking?
from the fear-the-unknown dept
A security researcher is now claiming that everyone should avoid online banking because "it's no longer safe". The "no longer" part is a bit misleading, as he also says a home computer was "never" designed to be safe enough for online banking. The response, though, from a bankers' association (obviously a bit biased) seems to make a lot more sense. They point out that nothing online is completely secure, but that if users take the proper precautions they should be pretty safe. The proper response, then, is that these banks should do as much of that work as possible in getting their users up to speed on safer surfing techniques. However, to completely write-off online banking seems a bit excessive. Improving security should definitely be a priority, but that doesn't mean that the current solution doesn't work for now.
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Internet Banking Safety
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And paying bills through the mail IS safe????
At any of these steps your privacy and credit rating can be comprimised - Imagine a pissed off postal worker tossing a handful of your bills out in the trash rather than delivering them to get a good picture.
I think a PC running anti-spyware, anti-virus software behind a good firewall using 128 bit encryption to do a direct transfer is a better bet than paying your bills by mail.
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Online Banking
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No Subject Given
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Mellon Bank
stb,
I could NOT have said what you said better !
I too work in tech support for an online bank and it is unbelievable how many people have high speed access and don't have a clue about how to use their computer.
If I have to start the troubleshooting with: " Ok, lets look for the big blue E icon on your desktop " and they shoot back: " Whats that ? " I know its going to be a 45 minute phone call to simply get them signed into the account.
I've used online banking now for about 2 years and do not see how this is any more unsafe than other methods as pointed out by a previous poster.
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