A new investigation has uncovered which banking customers can feel safest with when it comes to fighting against malicious actors.
Out of those investigated, Which? said TSB and the Co-operative Bank are at the bottom of the table for security on both mobile apps and online security. TSB, which scored the absolute lowest score, was found to have a 'medium risk' issue in the handling of sensitive data which exposed it to potentially being read by other apps on a smartphone.In response, TSB said the issue was under review and it will consider a fix in the future.
While Lloyds scored well on the investigation, it was the only bank that didn't automatically log out users from its website after five minutes - a regulatory requirement. In response, the bank said this was done to increase accessibility for vulnerable customers. "With fraudsters still relentless in their pursuit of our money, and a general election looming, the next government must make fighting fraud a national priority, with a Fraud Minister installed to work across multiple government departments."
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TSB Bank customers report issues with app and internet bankingTSB Bank customers have reported issues with the app and internet banking this morning (Thursday, March 28).
Source: Glasgow_Times - 🏆 76. / 59 Read more »