Banking online has become extremely pervasive and is becoming more and more common. But has it reached a point where it’s actually safer than going to your local branch?
The risks of banking online are numerous. If you’re doing offline banking in Birmingham, you only need to be worried about bad guys in Birmingham, for instance -the customers and employees present in your local branch. If you’re banking online, anyone in the world could attack you and your assets. In the physical world attackers are limited by their ability to manipulate physical items like making an extra copy of your account number. In the online world attackers are essentially unlimited in the resources they can bring to bear. BIOS: Small Business Computing
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