Banks Aren’t Up To Snuff On The Web

It’s pretty sad, that in the year 2008, when most people monitor their bank accounts online, that 75% of the banking websites have issues that could cause serious problems.

A new study from the University of Michigan has found that more than 75 percent of banking websites are not completely up to snuff when it comes to security.

The study looked at 214 financial institution websites and focused on both design flaws and improper security practices. None of these flaws represent catastrophic security issues, but many could allow for easier access to your password and user name should a malicious hacker come calling.

From insecure login systems to redirecting you without any notice, banks are leaving themselves, and your account, vulnerable to hackers. Make sure your bank passes the test before you end up putting your money in the pockets of others.

Crossposted at The Alligator Pit.

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Posted on August 2, 2008
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