Site Overlay

Phishers Force UK Banks To Delay Transfers

Another sign that phishing is taking its toll on the quality of service banks can offer online customers: The Times reports that UK banks are introducing delays in intra-bank payments to try to combat fraudulent transfers caused by phishing attacks: This week Barclays introduced a one-day delay for transfers. A spokeswoman said: “This delay enables us to carry out checks that seek to prevent fraud.” Halifax also introduced delays in the processing of payments this week, as have Royal Bank of Scotland and NatWest, The Times reports today. Interesting. Inevitable, perhaps, but this degradation in service can only force some customers back to the physical banks,Continue readingPhishers Force UK Banks To Delay Transfers

Copyright © 2020 loose wire blog. All Rights Reserved. | Catch Sketch by Catch Themes