Friday, Aug 04, 2006 at 13:10
Hi John (Mr Bitchi),
It is not just my caution and there are documented cases. Unfortunately I have so much stuff relating to security of Internet Banking that I haven't been able to find the references to the actual case I know of in a short space of time. I have this information because in my other life off this
forum I am involved on the side of providing internet banking
services.
I will keep looking and see if I can find actual documented cases since you are right that is the only proof rather than what I might say.
In the meantime every single internet banking site that I know of has some security recommendations on them. Take their word if you don't trust
mine :). I have just had a look at the Westpac one and it recommends ringing them and changing your password straight after using a public computer. But it also suggest using telephone banking as an alternative. Same sort of warning on all the others.
It has always been easier to steal information from the end user than it has been to attack the actual internet banking site. The security at your end can only be assured on a computer that you control, not on a public one. Your virus protection and firewalls etc don't travel with you to a public computer. They are perfect for things that you don't mind being public like looking for information about things but I would not trust them to keep private information private.
Oh
well, down off the soapbox. If you do get you money stolen John you will probably be ok since the banks will probably cover it for you even if it is your fault. Very nice of their insurance companies don't you think?
Tim.
FollowupID:
444236