Tuesday, July 20, 2010

Bank security is obsolete and weak

Am I the only person who thinks that banks could be doing more to protect the money we have entrusted in their possession? I think that considering many companies have better security on their employees' remote email access than online banking, maybe it's time for banks to spend some of those billions they make from us and improve their security.

A simple investment in some security FOBs for all of their customers could dramatically reduce fraudulent activity, online, over the phone and even at the teller's wicket.

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