Citibank has released the Australian results of its-e-banking survey, which reveal that Australia has the second highest uptake of e-banking in the Asia Pacific region.
Banks and security experts cannot agree wether it is safe for banks to continue using e-mail for communicating with their customers because the medium has been hijacked by criminals who try and fool online banking users into divulging their log in details.
Simplicity of getting online isn't supported by Citibank's online package. Can future technologies improve its offering, or should you be looking elsewhere?
Who's logging on and what services are on offer when it comes to Internet banking? ZDNet Australia investigates Web banking services, and profiles Australia's leading e-banking providers.
Around 3,300 new malicious codes have been detected by security software provider Trend Micro from 1-20 August this year.
It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
Don't expect Internet scams, hackers, trojan horses and the like to vanish overnight. The challenge is for banks and customers to minimise their exposure to losses. But how?
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