As Online Banking became more popular and the Banks perused their customers to do that ,the number of online banking fraud increase enormously. For example in UK,According to UK Payment Association the number of online banking fraud doubled in the last two years which is mainly due to criminals use more sophisticated method to gain access to customers account information.
Criminals are using a variety of methods -- including database hacks, brute forcing and phishing - to get login credentials from non-financial websites, such as social networking sites and Web-based email services.
Many online bank customers use their ID and password for other web sites which are not as secure as bank's web site that enable criminals to get information form those sites and use them for accessing to customers bank account. So ,an important suggestion for online banking users could be : Never use your online banking ID and password for other websites
No comments:
Post a Comment