Sunday, September 04, 2005

The risk of on-line banking

There are some risks with electronic delivery of products and services. I would like to take personal identification number (pin number) as an example. Krimsky states that ‘Security is the single most important thing to look for in the Internet banking project. Customers will be able to transfer money all over the place and if they can access their bank account from their homes, anyone else can.’ With the development of information technology, hackers become more and more rampancy. So Krimsky suggests that it is better to do on-line banking on a personal computer rather than a public, and also have to check if there is any spy software on your computer frequently. Please remember, do not use your birth date as your pin number.


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