Printer Friendly

Standard Bank tackles online fraud.

Standard Bank estimates that the antiphishing software it made available to its account holders free of charge at the beginning of June prevented more than R4m in potential fraud within a week. It warned 120 clients they were in the process of revealing their login details to a scam website. The package that Standard Bank distributed, called Rapport, had been downloaded by 178,000 clients and found 7,600 of their computers were infected with malware. Of these malware infections, 380 were believed to be serious cases aimed at stealing confidential data. It also found that more than 1,300 Standard Bank clients had been duped into visiting 'phishing' sites designed to persuade them to reveal user names, passwords and PINs.

Copyright IC Publications 2008

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2010 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:African Banker
Date:Jun 30, 2010
Words:133
Previous Article:StanChart eyes China agric bank.
Next Article:cobank-Accion MFI launches in Cameron.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters