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News

Removing Expertise From Online Access Improves Security

Gridsure : 01 October, 2010  (Technical Article)
GrIDsure founder comments on the need for simplified highly secure access control to prevent breaches due to lack of expertise in the user community
Stephen Howes, Founder, GrIDsure, comments on the latest e-crime arrests and what it means to the security industry.

"The E-Crime police arrest of banking hackers once again highlights the confusing and dangerous world that consumers are increasingly facing when it comes to the online world. With the increasing threat from hackers and fraudsters, online banking customers are now all expected to be security experts - having to correctly patch browsers and operating systems, secure themselves from malware, viruses and spam, while at the same time having to jump through all the security hoops that banks put in place just to logon to their account".

"The truth, though, is that consumers aren't all security experts and never will be, and while user education of the risks is always important I believe that banks should finally be looking at putting in place technology and systems that are easy to use and secure enough to make it very difficult for a hacker to steal logon details even if they have infected the users' PC. These solutions are available today and it's no longer good enough for a bank to simply say "we'll reimburse our customers if they fall victim to fraud" - by then it's too late and the users' trust in that bank may have been significantly marred".
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