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2011-10-03

Online banking 'used by 92% of Britons'

Online payment processing services could be increasing in popularity as a new study shows that 92 per cent of people in the UK use online banking services.
Despite these high figures, the research from McAfee showed that only a third of Britons who use online banking admitted to feeling "completely confident" that their details were secure.
Some 81 per cent of online bankers revealed that recent cybercrime attacks, such as the Sony PlayStation Network security breach had made them more fearful of using online billing solutions and transferring money over the internet.
Raj Samani, chief technology officer for McAfee Europe Middle East and Africa, claimed that it was more likely that cyber problems would be the fault of the consumer rather than the internet merchant account site or bank.
"It's more likely that people are unwittingly giving out their personal banking information to criminals via phishing scams and copycat sites, or their computers being infected with malware," Mr Samani explained.
Meanwhile in the US, the country is currently playing host to its National Cyber Security Awareness Month, designed to promote greater understanding of online threats and how to prevent them.
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