Trusteer, the customer protection company for online businesses, reported today that the vast majority of online banking customers reuse their login credentials to access non-financial and much less secure websites. Trusteer found that 73 percent of bank customers use their online account password to access other websites, and that 47 percent use both their online banking user ID and password to login elsewhere on the Internet. These findings are based on a sample of more than 4 million users of the Rapport browser security service, many of whom are customers of leading North American and European banks.   This widespread reuse of online banking credentials is being exploited by criminals who have devised various methods to harvest login credentials from less secure sources, such as webmail and social network websites. Once acquired, these usernames and passwords are tested on financial services sites to commit fraud.  

Read more: Trusteer Finds that Two Thirds of Internet Users Reuse their Online Banking Credentials on Other...

Banks urge customers to protect themselves from increasingly clever cybercriminals by downloading and installing Trusteer Rapport   Reports about a phishing scam involving an HMRC tax refund prove the increasing ingenuity - and topicality - of cybercriminals, says Trusteer, the browser security and fraud prevention specialist.   "Our research of millions of Internet users shows that the HMRC attacks are twice as successful as banking phishes for the simple reason that taxpayers are tempted by the prospect of a cash rebate direct to their bank account," said Mickey Boodaei, Trusteer's CEO.   "The `carrot' of free cash also persuades many Internet users to lower their normal credulity guard and, when they see a choice of bank sites from the `HMRC landing page' they click on the link and immediately start entering their bank and other personal details," he added.   The net result of this is not, he went on to say, a credit to the recipient's bank account, but usually a fraudulent debit - or series of debits - that empty the account by cybercriminals.  

Read more: HMRC tax return phishing twice as likely to defraud users

Cisco: 87% of respondents surveyed across Europe that have wireless internet at home have enabled security

  • UK and Germany lead in wireless security with respectively 96% and 92% of wireless networks having security enabled.
  • Spain, Italy and the UK top the list of the most wireless internet enabled countries surveyed.

• Online shopping most popular amongst internet users in the UK, Poland and France, with an average of 61 per cent of people across all countries surveyed shopping online at least once a month.

Read more: Cisco: 87% of respondents surveyed across Europe that have wireless internet at home have enabled...

SecureSphere 7.5 Introduces User Rights Management, Streamlines Database Auditing   London.—2 February 2010—Imperva, the leader in data security, today announced a major update to its market-leading Data Security Suite.  The release extends Imperva’s database auditing solution with numerous platform, storage and scalability enhancements and introduces User Rights Management for Databases (URM), which allows organizations to automate the process of finding and eliminating excessive user access rights to sensitive data. This capability helps enterprises reduce the risk of insider abuse and data theft as well as achieve compliance with regulations such as PCI DSS and Sarbanes-Oxley that mandate limiting user access rights to a “need to know” basis. 

Read more: Imperva Bolsters Protection against Insider Threats

Basingstoke 1 February 2010:A national survey of over 1200 teenagers by Clarity Commerce today revealed in spite of the UK Government’s recent efforts to launch ID cards for teenagers to combat the rise in underage drinking, smoking and knife crime, it is failing as kids continue to flout the law by tricking retailers into selling them products that are illegal to buy.  The survey revealed one in five UK teenagers have bought knives whilst under the legal age, with one in two admitting to buying alcohol, and over two thirds knowing a friend that has. The canny youth of today are getting round the ID scheme by using fake and false ID cards with 1 in 5 kids buying them over the Internet with the majority using them to get into clubs and pubs, followed by shops that will sell them alcohol, cigarettes and knives.

Read more: Government Teenage ID scheme is failing UK businesses as 1 in 5 kids buy false IDs, Webcams...