Online bankng security

Lakeuk

You could open an account with a bank that gives you a security key pad for an extra line of defense

thenudeone

erdd2 wrote: »

I have used internet banking since its release, have little pc protection and incurred no problems to date (ouch wood!)

I have used internet banking for about 15 years and telephone banking with the then unheard-of firstdirect before that. I shop extensively online but have up to date firewall and anti-virus software and never trust any emails from banks. I've never had any form of financial security breach.:T

My dad, on the other hand, has only ever used a computer once, and never shopped online, but someone managed to clone his credit card in a shop and use the data to shop overseas.

So - as long as you are careful you are probably no more at risk than in a bricks and mortar shop or bank.

StevieJ

thenudeone wrote: »

.

So - as long as you are careful you are probably no more at risk than in a bricks and mortar shop or bank.

Good point, I recently had to send a cheque in the post to open a Coventry BS ISA, I felt very insecure about sending that cheque as opposed to doing an electronic transfer.

jimjames

Which magazine did a review of online banking security this month. SOme were rated higher than others as a result of not asking for full passwords and having secondary authentication but I don't think any were flagged as so bad they should be avoided.

RussJK

StevieJ wrote: »

I don't suppose you need a new hard drive just a reformat and reinstallation of the original software and updates.

Don't forget the MBR, otherwise many types of infections will persist across reinstalls...

StevieJ

RussJK wrote: »

Don't forget the MBR, otherwise many types of infections will persist across reinstalls...

That is just a step too far for me

RussJK

masonic wrote: »

It depends whether the OS is set up to forward DNS queries to the router or if DNS servers are specified in the network configuration of the OS.

I'd considered mentioning that, but don't forget that routers can be set to force their own DNS settings no matter how a computer is configured.

My point is that it's not 'failsafe', although I'm sure would be enough for most people. I tend to give people LiveCDs if they are very concerned about online banking, so I'm definitely not against the idea - it's just that I don't want to pretend it eliminates all risk.

RussJK

StevieJ wrote: »

That is just a step too far for me

Easiest way is kind of a cheat. When reinstalling Windows just delete the partitions and then create them again, and it'll rebuild the MBR anyway, e.g. from this part of the process:
http://helpdesk.its.uiowa.edu/images/windows/instructions/reload/deletepartition.jpg

Naf

RussJK wrote: »

Easiest way is kind of a cheat. When reinstalling Windows just delete the partitions and then create them again, and it'll rebuild the MBR anyway, e.g. from this part of the process:
http://helpdesk.its.uiowa.edu/images/windows/instructions/reload/deletepartition.jpg

I never leave existing partitions in place during any reinstall. I blank the disk totally and start from scratch. It only takes an extra couple of minutes, but ensures that nothing comes across, even if it was just an error, not a persistent infection.

talexuser

Naf wrote: »

I never leave existing partitions in place during any reinstall. I blank the disk totally and start from scratch.

I use dos ghost boot cd for reinstall on my main laptop, because it recognises the raid system (which my acronis did not). And use acronis from a hidden partition on my netbook. As a matter of interest I assume these cannot overwrite the MBR because copying C partition in both cases?