New Security Services Introduced for Online Banking

By Peter Wakeford
Published on 3 Jul 2008
AddThis Social Bookmark Button
New Security Services Introduced for Online Banking

A special "piece of mind" system is to be offered to internet customers for free by a high street bank.

The increasing importance many businesses are placing on internet security has been highlighted by a new move from Barclays.

According to the bank, its two million online customers are now to be given security software from Kaspersky - protecting their home computers against adware, spyware and viruses. Technology news source ZDNet.co.uk speculated today that the total cost of this extra provision could hit £200 million over two years.

Internet banking use has increased markedly in popularity in recent times, with research from Abbey last month even showing that people spent longer on bank sites than they did on social networking through MySpace or Facebook.

However, some customers have expressed concerns that revising their banking details or making transactions over the internet could lead to them being defrauded - which has led to banks introducing services designed to boost confidence such as that announced by Barclays today.

In a statement, the firm's director of digital banking, Sean Gilchrist, said: "For the last two years we have offered customers free antivirus software but, as internet fraudsters become more sophisticated, it is important that customers protect their computers from all threats and not just viruses."

Compare current accounts via money.co.uk

Money Saving Newsletter

Already registered? Login Here

Email:

We will NOT pass your details on to any third party.

See some of the recent tips you could have benefited from.

Your privacy:

Read our privacy policy.
We are registered with the Data Protection Act (1998): No. Z6245956
details
We are regulated by the Financial Services Authority: No. 415689
details



Add Your Comment

Name: 
Comment: 
You have 1000 characters left.

Latest Current Accounts Articles & News

Current Accounts Articles

Lloyds TSB Shareholders Back HBOS Takeover
Lloyds TSB Shareholders Back HBOS Takeover

The HBOS takeover has been given the green light by Lloyds TSB stakeholders.

Post Office May Launch Basic Current Account
Post Office May Launch Basic Current Account

Consumers may soon be able to open a current account at their local Post Office.

Bank Bailout 'Unfair on Building Societies'
Bank Bailout 'Unfair on Building Societies'

Building societies claim they are being forced to shoulder the burden of compensation paid to the savers of failed banks.

Post Office to Keep Card Account Contract
Post Office to Keep Card Account Contract

Benefits and state pension claimants will be able to carry on visiting the Post Office to receive their money.

Lloyds TSB 'Only Serious Bidder' for HBOS, Insists Brown
Lloyds TSB 'Only Serious Bidder' for HBOS, Insists Brown

The merger between Lloyds TSB and HBOS has received support from the prime minister.

HSBC Announces Writedowns
HSBC Announces Writedowns

Bad debts hit HSBC again in the three months to the end of September.

FSA Proposes Banking Sector Shake-up
FSA Proposes Banking Sector Shake-up

Current accounts and other banking services could soon by regulated by the FSA.

RBS Poised to Post Annual Loss
RBS Poised to Post Annual Loss

Profits could be difficult to achieve for RBS this year.

Popular Related Articles

Banks Must Start Lending Again, MP Warns
Banks Must Start Lending Again, MP WarnsBanks have been told to resume lending or face state control.

Latest Related Headlines

ABI Demands Increase in Annual ISA Limit
ABI Demands Increase in Annual ISA LimitIncreasing the annual ISA limit would encourage more people to save, it has been claimed.
RSS FeedCurrent Accounts News
RSS FeedLatest Headlines
Free Services Money Saving Newsletter
The best money saving deals, freebies, rate alerts and advice emailed to you every week.
Enter your email:
Find Companies Current Accounts Guide RSS Feeds - Subscribe!
The "advice" given in our money saving tips is for information purposes only and should not be construed as "financial advice".
money.co.uk recommends you seek professional advice before proceeding with any investment or financial decision.
Site Map | Privacy Policy | About Us | Contact Us
money.co.uk is a trading name of Dot Zinc Limited, who are authorised and regulated by the Financial Services Authority. FSA Registration Number: 415689.
Copyright © www.money.co.uk / Dot Zinc Limited 2002-2008. All rights reserved.
Home | Login | Sign Up