April 2008 saw the arrival of the Infosec Show in London, where top IT security companies came together to discuss the hot topics in the information security industry. One of the hottest of the hot topics discussed at the 2008 show was the increase in phishing (or Internet fraud) and related fraud attacks over the previous year. Mark Bowerman, spokesperson for card payment agency Apacs, said that the Internet provided an extra area for fraud scams and warned that if people weren0t careful, they could potentially become victims of credit card and other types of fraud and identity theft.
Bowerman also reflected, however, that despite warnings over the security risks inherent in Internet shopping and Internet banking in particular, the number of people banking online was increasing - proving that, for many people, the benefits of managing your finances through the Internet were clearly outweighing the risks.
This increases to the number of online bank customers has been noted in a number of surveys. One, carried out by Lloyds TSB discovered that over 50% of Britons had not seen their bank manager for more than ten years, while one third of respondents who had been to their banks within […]

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