23 Feb 2010
HSBC is providing a security system to its internet banking customers in an attempt to fend off malware attacks and fraudulent phishing web sites.
The Rapport software is expected to protect customer data and prevent fraudulent activity by "locking down" browsers to prevent unauthorised access to web sites and prevent the flow of confidential information.
The system, which is to be used as an additional defence rather than to replace existing anti-virus or firewall software, is PC and Mac-compatible and can be downloaded from the bank’s web site for free.
Some of HSBC’s peers have been offering security systems for its online customer base for years. Barclays, for example, started distributing Kapersky Lab’s software to its clients back in 2008.
Personally, I think that online banking is overrated and I am a little bit suspicious of online banks in general. I come from a generation that used to go to the high street bank branch and do all my transactions face to face with a human being. But today, this is becoming rare and so banks are becoming faceless internet empires, using our money to gain capital growth. I think most of the online banks are safe but some of the smaller, international e-banks are more open to identity fraud and security issues.
Posted by: hamixxx 08 May 2010
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