Join the Community

22,669

Expert opinions

44,400

Total members

396

New members (last 30 days)

187

New opinions (last 30 days)

28,908

Total comments

Join Sign in

Security: Are banks fighting a losing battle?

11 January 2008 Be the first to comment

Paul Penrose

Head of Research

Finextra

Some recent headlines from the past month:

Barclays chairman loses £10,000 in ID fraud scam

Halifax facing Chip and PIN fraud lawsuit

Dutch cops arrest 14 ABN Amro customers as phishing mules

Phishing losses hit $3.2. billion in 2007 – Gartner

Barclays faces protest over clunky PINSentry authentication

Question: Are banks losing the plot – and the trust of their customers – over security issues?

For an answer, read this story: Middle England's identity crisis

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

3575

Report

Channels

/security /payments

Trends in Financial Services

A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.

Join group

392 opinions 86 members 15 February 2025

Comments: (1)

Paul Penrose Head of Research at Finextra

Author 14 January 2008

PS In relation to the second headline above, check-out David Griffith's related post, and in particular the appended comment from Keith Appleyard.

Report

Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

Location

London

ANZ and Visa lose the plot

30 June

Don't give up the day job...ever

20 May

Now we are ten

19 April

Finextra's Best of the Web

05 March

The ATM was the last great financial innovation

25 February

See all Opinions from Paul

More expert opinions

Foday Joof Risk Management Officer at Central Bank of The Gambia

Why Inflation in The Gambia is a Structural Phenomenon, Not Monetary

10 hours

Igor Kostyuchenok Managing Director at IKFT

Revolut needs more deposits

17 hours 1

Helen Child Founder & CEO at Open Banking Excellence (OBE)

Collaboration and Culture: The Keys to Success in U.S. Open Banking

18 hours

Katrin Kaurov Co-Founder and CEO at Frich

Gen Z is Wagering More Than Just Money on the Super Bowl

20 hours

See all opinions