Phishing is a serious security issue for banks. Industry data suggests that losses from online banking fraud were up 64 percent to £133.5 million in 2015 from £81.4 million in 2014. A Google search for “bank phishing” turns up results from all the major high-street banks, with titles like “Recognising & Preventing Phishing” and “Phishing & email scams.” Barclays has even started producing videos on the subject. So if the industry is, rightly, concerned with educating people about the risks of phishing, why on earth are they happy for their customers to put their login details into any other website than their bank’s website?
Sourced through Scoop.it from: techcrunch.com