Property News · November 12, 2016

After Tesco fraud, are other banks vulnerable to cyber-attacks?


Experts have called for card readers and tighter security after £2.5m was stolen from the accounts of Tesco Bank customersConsumers worried about falling victim to online banking fraud should consider banks that give customers card readers and avoid those which rely on text messages, according to leading security expert Graham Cluley. He was speaking as Tesco Bank continued to deal with the fallout from the “systematic, sophisticated attack” that resulted in £2.5m being taken from around 9,000 current account holders.Meanwhile, another expert says that the Tesco attack last weekend could be the first of many, and banks should be forced by regulators to up their game. Continue reading…

Source : theguardian.com
Read more…After Tesco fraud, are other banks vulnerable to cyber-attacks?

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