RealNews

Phishing Liability Concerns Online Banks

Online banking firms now have a new worry — liability for customer losses due to phishing scams. For the last year or so, online financial institutions and their IT consultants — as well as consumer interest groups — have focused on fixing security , adding authentication and encryption and other technologies to forestall scammers. But the phishing plague continues. Now, experts tell The E-Commerce Times, banks may soon be on the hook for financial losses by customers if they cannot secure their online stores.Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.