Hi!
I wish to get some views and expertise on the security
issues of using Internet Banking.
As a user, I see the benefits of having the
convenience of being able to see my transactions
online and paying my monthly bills without physically
leaving my home.
However, I know alot of people is still not be able to
accept this concept. And I do understand their
concerns on the security issue that is involved. I can
roughly visualise how many people would be involved
in the process. Many people would be able to view
my transactions such as employees from the bank
and IT personnels. They would also have access to
my account. In fact, anybody just by calling the bank
on the phone, with my personal details would be able
to access my account over the phone. The idea of
banking over the Internet is scary.
One would like to think that it is safe to do my banking
on the Internet. However, is it? Is it safe for one to do
banking over the Internet? What are the security
issues involved? What are the measurements can
one take in order to improve the security while doing
internet banking?
I was wondering if anybody would be able to provide
their expertise and explain the process for me. I
would also like to hear views or comments on the
idea of using Internet Banking.
Thanks!
Jasmine