September 08, 2005

Net Banking - Not Worth the Risk?

Some UK internet users have stopped using online banking because they are scared of identity theft, an analyst claims.

According to a national study from Forrester Research, two per cent of 11,300 survey respondents said email scams and malware threats have put them off internet banking.

While that's a small percentage, considering there are around 32 million internet users in the UK, more than 600,000 people could be put off by internet banking due to security fears.">UK users 'quitting net banking over security fears' - Security Strategy - Breaking Business and Technology News at silicon.com: "UK users 'quitting net banking over security fears' Silicon.Com