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Security: Are banks fighting a losing battle?

11 January 2008 Be the first to comment

Paul Penrose

Head of Research

Finextra

Some recent headlines from the past month:

Barclays chairman loses £10,000 in ID fraud scam

Halifax facing Chip and PIN fraud lawsuit

Dutch cops arrest 14 ABN Amro customers as phishing mules

Phishing losses hit $3.2. billion in 2007 – Gartner

Barclays faces protest over clunky PINSentry authentication

Question: Are banks losing the plot – and the trust of their customers – over security issues?

For an answer, read this story: Middle England's identity crisis

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Paul Penrose Head of Research at Finextra

Author 14 January 2008

PS In relation to the second headline above, check-out David Griffith's related post, and in particular the appended comment from Keith Appleyard.

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Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

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London

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