Online Banking Is Convenient For Everyone, Including Hackers

Security for online banking suffers in the face of perceived convenience.  The reality is that the very same convenience can morph into a personal nightmare if your online banking credentials are compromised.  What's so "supposedly" inconvenient about swiping a card and entering a PIN anyway?  I don't suspect they will be changing the ATM system over to a "username" "password" format anytime soon.



Here's a blurb from MyBankTracker.com talking about how convenience (over security) can lead to your financial demise...

Perpetual innovations in online banking are a reason for the rampant increase in the number of customers logging into their bank accounts through their personal computers and mobile devices rather than walking into a local branch.





Although the ease of access is a convenience for banking customers, such a privilege may be extended to sinister individuals looking to steal personal and financial information. Hackers and malicious software are ubiquitous throughout the web and falling victim to them could lead to your financial demise.

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