Web / Online Banking 1

I’ve just shared this story


here. But I thought it’d also be worth pointing out the comments on the story from FinTech Insider’s site -

“Anderson, a professor of security engineering at the University of Cambridge, and one of Britain’s foremost experts on cybersecurity, says he has never banked online – and has no plans to do so. He believes that system has become so weighted in favour of the banks that it is now the customers that carry all the risk” … not exactly reassuring!

Very few cybersecurity professionals I know do any online or mobile banking. The ones that do, all use a VPN and tend to avoid public wifi hotspots.

which really drive home the benefits of Monzo not providing an online banking site.

1 Like