| Online ID Theft Worsens, Scares US Bank Customers |
10:19 AM, Jun 28 2007 |
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A recent October survey shows that 18 percent of people who have banked online now do less online banking due to security concerns. In addition 94% of online bankers are willing accect additional security measures related to logging into banking and other financial web sites in order to combat phishing and other forms of electronic fraud.
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| CNN: Web banking to get security upgrade. |
10:22 AM, Jun 28 2007 |
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Banks are trying to add additional security methods to detect fraud; banks also concerned about the feasibility and usability of the additional security methods.
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| CNN Reports: Internet usage increases, User's trust decreases |
10:22 AM, Jun 28 2007 |
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CNN is citing a Census Bureau report using 2003 data that internet usage has increased nearly three times since 1997, and also cites a Consumer Reports Webwatch report surveying nearly 1500 people on their sentiments of using the web.
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