Security is front of mind for British banking customers with half (50 per cent) poised to switch banks should it suffer a security breach.
Consumers need reassuring over data security fears concerning PSD2 – but are starting to look forward to reaping the benefits of the new directive.
Our research has found that over a third (34 per cent) of people feel they have too many passwords to remember, and that more than a fifth (21 per cent) have shared their PINs with colleagues, friends or family members to withdraw money on their behalf.
The Centre for Secure Information Technologies (CSIT) at Queen’s is entering a new partnership with leading financial technology firm Intelligent Environments, in a world-first cybersecurity endeavour.
A new cybersecurity map of the UK has revealed that 48 per cent of people in the UK are concerned that their identity will be stolen.
New research from Intelligent Environments reveals that a majority of Brits believe the PIN code could be obsolete in five years
The first attack-aware security software for the banking sector is being revealed today at FinovateEurope 2015 by Intelligent Environments, a leading digital financial services software provider.
A year on from some of the biggest ever cyber-attacks on banks, research from Intelligent Environments shows over a quarter (28%) of Brits still don’t trust the security of their bank’s digital systems.
Intelligent Environments believes mobile services and biometrics integrated into cash machines could improve security and also make them more convenient. Banking customers losing confidence in PIN as security measure, with 40% saying they don’t think a PIN is a safe way to log into an ATM. 19% haven’t changed their PIN for 15 years or longer, while the average marriage that ends in divorce lasts just 11.5 years.