The UK Cards Association reported that the amount of money lost to online banking fraud rose by 14% in the past year. With all the improvements in online security systems, you could wonder how this is possible. A spokesman of the UK Cards Association explains that fraudsters have switched their attentions to individual household computers rather than trying to hack the internal bank systems. To get the secret information of the bank's customers, hackers tend to use the infamous 'phishing'-method.
(The Guardian)
Michiel Van Ruymbeke
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