- TSB announces UK’s first fraud refund guarantee to protect customers
- Fed Board fines Standard Chartered for unsafe and unsound practices
- Santander offers to acquire the minority shareholders’ interests in Santander Mexico
- Signature Bank of Georgia begins trading on OTC Pink Market
- UniCredit to sell Italian consumer, unsecured, non-performing credit portfolio
- Credit Suisse creates Asia Pacific Trading Solutions
- Professor Kashyap and Michael Saunders reappointed to BoE Policy Committees expired
- Citi Q1 2019 results reflect progress on improving return on, and return of capital expired
- Goldman Sachs boss pleased with Q1 2019 performance expired
- JP Morgan publishes record results for Q1 2019 expired
- Wells Fargo Q1 2019 results show continued strong credit performance expired
- Brits use slang words for money, but few know what they actually mean expired
14th September 2018
Banks must strive to be the most secure they can be, says Kaspersky Lab
David Emm, Principal Security Researcher at Kaspersky Lab, comments on the cost of banking fraud for victims. He says: "While it is clear to see that some banks have safer systems that others, it is vital that all banks strive to be the most secure they can be. Scammers will use any means to take advantage and trick people into giving them access to their bank accounts.
“Banks have a responsibility to secure their systems and so it’s imperative that they regularly review all of their security procedures, checking for possible vulnerabilities. However, the rise of online banking and payments has meant that both businesses and consumers need to be consistently on guard against attempts to obtain sensitive information.”
Kaspersky Lab recommends customers follow these top tips for staying safe when banking online:
1. Use strong passwords: there are a few simple steps we can follow when choosing a password.
2. Always ensure when transacting online that the URL starts HTTPS rather than HTTP, or has the gold padlock icon.
3. Treat all unsolicited emails with caution.
4. Keep contact details up to date.
5. Get up to date security software.
6. Apply security updates.
7. Change your password immediately if you think it's been hijacked.