IT Security

Online banking survey

by Mark Rowe

A new survey carried out by an IT security product company, examined the online banking habits of at least 1000 Internet users in the UK. It suggested that while more than half of Brits (59pc) use online banking services, 11 percent do so without any security protection and another 12 do not know if they have any solution in place.

The study carried out by ESET in the autumn of 2015 also found that Britons mainly use their online banking services to check the status of accounts, however other findings revealed that a worrying 16 percent of respondents will log into online banking portals from any device available.

Mark James, security specialist at ESET, said: “While it’s really positive to see that the majority of Brits do have security software on the devices they bank online with, I still feel concerned for the other 11 percent who could be unwittingly opening up their bank account to attack. It is recommended that all internet-enabled devices have at least some form of security. It is also worrying to see that so many people admit to logging into online bank accounts from any device they have available. This could also open them up to risks as they will not be 100 percent sure the device has any security protection or that is hasn’t already been compromised.”

The survey also documented the preferred network internet users most often use when connecting to their online banks. Home networks were the most popular with 82 percent, while fortunately only four percent admitted to logging in via public Wi-Fi networks.

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