Online banking safe if computer is virus free

Mon, 17 Sep 2007

Online banking customers must are safe from any criminal activity as long as they keep their computer virus-free, it has been stated.

An expert from the financial services industry has said that internet banking is as safe as doing anything else on the web .

Spokesperson for HSBC Nick Staib remarked that purchasing goods over the internet and booking flights are activities that consumers normally do, which involves them typing in their card details.

Online banking is as safe as these activities as long as there are no viruses on the computer, he commented.

"If there is no Trojan or spyware on your computer then it's actually perfectly safe doing online banking," Mr Staib noted.

Figures from Apacs, the UK's payments association, shows that online banking is becoming increasingly popular with finance customers.

According to the association, online banking has grown by 174 per cent since 2001 to reach 17 million online banking users.

Usage among the over-55s has grown by 350 per cent over the same period, according to Apacs.

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