News and press
13 October 2009
Banks need to stop relying on fixed passwords to fight fraud - SecurityPark.net
Stephen Howes, CEO of GrIDsure, the alternative to PINs and passwords, commented on the latest fraud figures released by Financial Fraud Action UK:
"Although the latest fraud figures show signs of promise in certain areas, the levels of fraud across the UK are still shockingly high. In particular, they show that UK bank’s measures to crack down on online banking fraud have been unsuccessful, which will be like rubbing salt into the wounds of consumers who have to jump through hoops to login to their account online." Read full article here
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