NZ: Unprotected Users Liable for Net Banking Fraud
...and so it begins.
Tom Pullar-Strecker writes on Stuff.co.nz:
Hundreds of thousands of people risk losing all the money they have in their bank accounts by logging on to internet banking using computers that do not have up-to-date operating systems, anti-spyware, anti-virus software and firewalls.More here.
A code of practice for the banking industry that came into effect yesterday means customers may be liable for losses from internet banking fraud, up to the value of their account balance or overdraft limit, if their computers are not fully protected.
Background here.
posted by Fergie @ 7/01/2007 02:06:00 PM
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