Do you trust Internet banking?
June 11, 2007 2:25am CST
No matter how comfortable you are using Internet banking you cannot deny that. You don't tend to worry about them because the convenience of doing your banking from your computer far outweighs any possible concerns you may have. You put you trust in your bank and its system and hope that you have not misplaced your trust.The greatest concern of those who use Internet banking is theft. There is a risk of online identity theft, theft of passwords and pin codes. There are concerns about viruses attacking the bank's computers and bringing the system to a halt, or hackers getting in and stealing all the money.
1 person likes this
14 Aug 07
So far, I have been using online banking for more than 5 years and I'm quite confident with the security aspect of it. Some of the banks are performing 2 factor authentication codes to conduct various transaction which make the transactions more secure.