Phishing Pushes Banking To Impose Transfer Limits

Internet banking takes another knock with news from AP that Germany‚Äôs biggest retail bank Postbank has imposed an online transaction limit . Germany’s biggest retail bank, Postbank, said Monday it was imposing a euro3,000 (US$3,860) limit on online transfers in an effort to protect customers against e-mail “phishing” scams. The bank, which has 11.5 million […]