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Finance industry faces serious IT security issues

23rd June 2008 The finance industry needs to keep its eye on the small change as well as the bigger picture of its security vulnerabilities Read More

Retail sector faces serious IT security issues

23rd June 2008 The retail sector needs to set out its stall and ring the changes in its security vulnerabilities if it is to avoid the potential for hackers to gain unauthorised system access and disrupt service availability Read More

IT managers have more security headaches to deal with

11th May 2008 NTA Monitor's 2008 Annual Security Report has revealed that the average number of vulnerabilities found per test have increased to 21 compared with 19 in 2007 Read More

Solutions not excuses for patch management warns NTA Monitor

23rd April 2008 Patch management is a vital security requirement for any organsation Read More
Date: 3rd September 2007
Risk: Informational

Lloyds TSB has recently published results of a survey it recently conducted, which reveals that many people using Internet banking aren't bothered about fraud.

39% of those using Internet banking aren't bothered about online fraud, as their bank will reimburse them in the event that they are a victim of fraud. A further 48% of those surveyed said that the convenience of banking online outweighs the risk of fraud.

Lloyds' Consumer Banking MD, Ian Larkin, says: "Some customers do believe fraud just happens, but sitting back and doing nothing is the surest way to turn this into a self-fulfilling prophecy."

Interestingly, the younger generation appears to be the least educated about online fraud, with only 15% of 18 to 25s saying that they feel 'very well informed' about how to avoid becoming a victim of online fraud.

References