Archive for August, 2008

Is Online Banking Really Safe?

One of the major things to come out of the internet in the past few years has been online banking. The drudgery of having to stand shoulder to shoulder with people in your local branch for ages, wasting huge chunks of your lunch hour in the process, can be a thing of the past if you use online banking on a regular basis.

But while many of us have embraced the idea of going online to pay bills, shift money around and generally keep in touch with our finances, there is a dedicated band of people who are still viewing this modern phenomenon with suspicion. “How secure is it?” they ask. Is it really safe to access all your personal banking information via your home computer?

There have been stories of people’s accounts being breached as a result of trying online banking, but there have arguably been a far greater number of internet security breaches regarding the use of credit and debit cards for paying for goods through various websites on the internet.

Online banking is certainly an extremely useful tool to have at your disposal. It makes banking easy and the banks know that if they can offer a comprehensive online service they will grab more customers because of it.

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Can You Recover After A Security Breach?

If you haven’t already taken adequate steps to ensure your data and computer security systems are up to date and working to protect you against hackers and other potential threats, then you should do it right now to ensure the chances of being subjected to a security breach are as small as possible.

Unfortunately some businesses take the attitude that there are always more important things to be doing – such as winning new clients for example – and they never quite seem to get around to it. But if you can number yourself and your business among that group, you could be heading for disaster.

If you need an incentive to make sure your network security is as good as it should be, then consider what you would do and how you would be affected if someone did manage to break into your systems and cause havoc as a result.

A lot of people immediately think of the practical considerations. That is understandable, as you will want to see how much data – if any – was compromised or lost during the security breach. The natural step then is to do what should have been done in the first place and plug those holes so no one can get through them again in the future.

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