Security Fears Hold Back Online Banking
from the that's-my-money-we're-talking-about,-after-all dept
While banks have been caught off-guard about how quickly online banking caught on, there are still plenty of people who won’t go near it, because they have concerns about the security of the online banking offerings from their banks. Banks are still trying to lure new customers by dropping fees or offering discounts for using online banking. Of course, if the big problem is security fears, you would think the proper thing to do would be (a) make sure the security is as good as can be and (b) advertise that fact. Unfortunately, actually improving security doesn’t seem like it’s at the top of the list for some of these banking sites.