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| Internet banking – e-banking is not always secure |
| 70 cases of fraud regarding e-banking transactions at a cost of about Euros 450,000 were recorded in Denmark for 2007 |
| Digitally stored signature files were stolen from customers PCs’ hard-drive |
xEver more financial institutions such as Bank of America – thought SMS would help but, Jyske Bank, Sydbank and UBS want their customers to use e-banking facilities. This helps reduce transaction costs for the bank and client while, hopefully, making it also more convenient for clients.Nonetheless, these banks including Sparekasserne, Nordea or Danske Bank may have to improve their security levels to safeguard their customer’s trust in the security and reliability of internet banking.The experts from CyTRAP Labs were asked about their expert opinion on these issues, particularly as they pertain to Denmark and its 70 cases of fraud during 2007.
As a result we were quoted and re-quoted in various news media around the globe including but not limited to The Netherlands and Denmark.
| 2008 CyTRAP Labs in the news | ||
| 2008-01 throughout the year | FiRST – Forum of Incident Security Response Teams | 2008-01, carries some of our news items for its members (i.e. CERTs around the world) every week in its Global News section |
| 2008-01 | Version2.dk – news for IT professionals – Engineering Association Denmark | Story 1 – 2008-01-04 why transaction authentication matters Story 2 – 2008-01-04 – why e-banking can be less than safe for clients |
| 2008-01 | Security.NL maakt Netherland veilig | 2008-01-01- OPTA laat Russische botnetbeheerders lopen |
| 2008-01 | Erhvervs Bladet.dk |
2008-01-04 internet banking – security |
============>As you can see, 2008 started with a few events that are of considerable interest to risk and security managers including compliance officers. You can find out more what the media says about CyTRAP Labs using the hyperlinks below:media and press
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Find more infos about this topic here:
Press Release – Urs+Nahum’s Security Checklist
Regulation that matters? Online banking services – survey says: antifraud measures insecure
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