Thursday, December 18, 2008

E-Commerce News: Internet Fraud: Are Banks Short-Changing You on Security?

Convenience and low transaction costs have led to high volumes of internet based stock trading. There is a downside, though, (aside from the downer market these days) and that is security risk. Large sums of money are often involved, and so people buying and selling stock online need to be aware of security concerns, both at the host they are using, usually a bank, and on their own systems. Yes, clearing caches, using secure networks (definitely not those unsecured wireless ones at hotels and airports) and maintaining good security configuration on your laptop are all important. E-Commerce News: Internet Fraud: Are Banks Short-Changing You on Security?: "Buying and selling via the Internet is the most common form of trading stock -- and the most vulnerable. With so much money changing hands through the Internet, bank security risk is critically high."

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