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20 000 Online banking clients hit by fraud

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Tesco Bank’s chief executive said on Monday that it was temporarily stopping online transactions after about 20,000 customers had money removed from their accounts after an attack by fraudsters over the weekend. The bank, wholly owned by supermarket chain Tesco, said it had discovered there had been “significant” fraudulent criminal activity on customers’ current accounts […]

5 Online Banking Security Basics Tips

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Follow these useful online banking security basics and you will be fine: Banks will NEVER ask you for your Internet Banking password or security token passwords by electronic message or telephone. ALWAYS keep your username, password and security token passwords secret. NEVER use a link or an attachment in any message to access Internet Banking. […]