Security threats to consider when doing E-Banking

E-banking, and mobile commerce are inevitable part of our daily lifes, and would continue to get more popular. 

The bad thing is, that it's not just us, the end users benefiting from this fact, but also, the malicious attackers exploiting our naivety and lack of awareness on the threats to watch for. Candid Wuuest did an outstanding research on the insecurities of E-banking, and excellect job in comparing the different security measures next to one another. The slides will also provide you with a lot of useful info on the topic.

Further info on the topic an also be found at :

Why eBanking is Bad for your Bank Balance
Risk management principles for electronic banking

Technorati tags :
e-banking, electronic banking, E-commerce, security, information security

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The hidden internet economy

How much does phishing, spam and spyware for instance cost on businesses? Should we measure in cash, or hardly quantified long-term affects such as reputation damage, loss of confidence in the business, or the percentage of people that would think twice before doing any E-shopping at all?

These days, I believe that there’s a huge number of individuals with purchasing power that tend to avoid online purchases at all. That's the baby boomers I am talking about, who as a matter of fact are having more and more disposable income!

Published in December, 2005, a poll published by the CSIA estimated that almost 50% of all adults in the U.S avoid making purchases online because they are afraid that their personal information could be stolen. And while impulsive teens are excluded, and the poll's quality is taken for granted, to me it highlights an important fact that I have always believed in -- that there is a hidden Internet economy that could boom given more confidence is build in ensuring that, this huge number of individuals will start bringing even more online revenues to any of the dotcom darlings. Until then, stay tuned for yet another major security breach at a data aggregator :(

Technorati tags :
internet economy, dotcom, security, information security, CSIA

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