Major igh street banks failing customers with online security
Major high street banks have failed to adopt two-factor security steps that could safeguard customers from scams, an investigation has revealed – with Bank of Scotland one of the worst offenders.
A test of 11 high streets banks found that only five have adopted the more rigorous security checks to protect their customers, while the other six did not.
The consumer watchdog warned that hackers who are able to penetrate the first level of security at login can access sensitive financial details, which they can use to convince consumers they are talking to their bank – a tactic often used by... read more
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