A post relating to this item from Finextra:
23 July, 2008
Security flaws plague majority of e-banking sites - research
Over three quarters of banking Web sites contain fundamental design flaws that could put customers at risk from cyber thieves, according to a study conducted by researchers at the University of Michigan.
The University of Michigan study comes to similar conclusions to our own study - most banks have serious problems. What can I say? There's the easy way and the hard way and it appears are a multitude of wrong ways.
It doesn't bode well for banks wishing to make customers liable for internet banking losses.
I mentioned this recently but I guess that now there's academic confirmation, someone might have a peek at their sites? It's probably cheaper than the bad publicity associated with losing a legal battle with a customer. We're sure you'll still miss plenty
to be embarrassed about later.
What's that old tale about 'glass houses'?