- Santander cancels new CEO appointment due to 'unacceptable costs’
- New taskforce created to counter corruption and fraud
- HSBC settles $250bn of FX transactions using DLT
- GHOS endorses market risk capital framework and Basel Committee work programme
- UK Finance responds to meaningful vote on Brexit deal
- Société Générale publishes update on Q4 18 Group performance
- Brexit deal means nothing unless it considers threats to financial services, says ArchOver expired
- Study finds a third of adult children have never discussed finances with their parents expired
- Bank of America reports record earnings for 2018 expired
- Citigroup reports healthy profit for 2018, after net loss in 2017 expired
- Goldman Sachs posts double-digit revenue growth for 2018 expired
- Wells Fargo made significant progress on goals in 2018, says CEO 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.