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Just realised Abbey Internet Banking is not really safe......
simax
Posts: 1,977 Forumite
..... just whipped my £2,500 out of the account back into my main Lloyds TSB account.
Other banks internet logins require an ID/Customer number, and then a selection of characters from a password from drop-down boxes (to avoid keylogging etc)
Whereas Abbey asks for the FULL debit card number, FULL password and FULL ID code at the main screen.
Not very secure at all.
So, I don't care that I won't get 6% on the money anymore, at least I still have it!! (And 2.5% with Lloyds Current Plus is better than nothing)
Other banks internet logins require an ID/Customer number, and then a selection of characters from a password from drop-down boxes (to avoid keylogging etc)
Whereas Abbey asks for the FULL debit card number, FULL password and FULL ID code at the main screen.
Not very secure at all.
So, I don't care that I won't get 6% on the money anymore, at least I still have it!! (And 2.5% with Lloyds Current Plus is better than nothing)
I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂
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Yes but the password is a nine digit number and the id code is a 5 digit number - someone is very unlikely to get that right unless they have been negligent?
How could someone access that fraudulently unless they knew all the details. Even if someone was monitoring what you were doing it daily with "spying software" wouldn't take them long to suss your password even if you were using drop downs to select selected letters, and it would be irrelevant if using selected letters or the full digits!
Abbey are generally crap anyway so probably a wise move anyway ultimately!0 -
No-one could make a transfer without also having stolen your mobile phone, due to the one-time passcode system, so your money's as safe there as anywhere.0
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..... just whipped my £2,500 out of the account back into my main Lloyds TSB account.
Other banks internet logins require an ID/Customer number, and then a selection of characters from a password from drop-down boxes (to avoid keylogging etc)
Whereas Abbey asks for the FULL debit card number, FULL password and FULL ID code at the main screen.
Not very secure at all.
So, I don't care that I won't get 6% on the money anymore, at least I still have it!! (And 2.5% with Lloyds Current Plus is better than nothing)
There's nothing magical about drop down boxes. Sure, they defeat a particular method of attack (key logging software), but can easily be overcome in any number of ways. If an attacker has already managed to get as far as installing keylogging software on your computer, your information is not secure no matter how you input it.0 -
No-one could make a transfer without also having stolen your mobile phone, due to the one-time passcode system, so your money's as safe there as anywhere.
It let me move £2.5k to my Lloyds TSB account without so much as double checking. It just did it?
I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0 -
Exactly - you can move money to an existing payee, such as your own account! That would hardly be a problem. But (unless it is not yet fully phased in) you couldn't set up a payment to a new payee without Abbey calling your mobile, could you?It let me move £2.5k to my Lloyds TSB account without so much as double checking. It just did it?0 -
Exactly - you can move money to an existing payee, such as your own account! That would hardly be a problem. But (unless it is not yet fully phased in) you couldn't set up a payment to a new payee without Abbey calling your mobile, could you?
My LTSB account isn't a known payee...... makes it all the more unsecure.I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0 -
It let me move £2.5k to my Lloyds TSB account without so much as double checking. It just did it?
You can set up a transfer with Halifax and Alliance & Leicester after logging with full passwords/security details. AS others have said, if someone can get into you account, there is practically nothing to stop them transferring out the money - hence the newly introduced step of mobile phone pass code by Abbey.0 -
The fact that you can save your customer ID and only have to enter a 5 digit pin on A&L's internet banking is a little worrying...0
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The fact that you can save your customer ID and only have to enter a 5 digit pin on A&L's internet banking is a little worrying...
But if you try to make a transfer to an account not in your list or set up a new payee it will ask you to input a raft of random characters from your password before doing anything so not really 'worrying' at all.
R0
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