Surfers worry about using credit cards online

April 27, 2008 by admin  
Filed under News, News-Credit-Cards

Almost half of UK internet users have reservations about using their credit cards to make purchases online, with a third feeling concerned about the security of web banking, according to new research.

Internet security firm F-Secure has found that 48 per cent of people are not confident that their card is secure when using it online.

Banking Trojans are rising sharply and can compromise security by stealing log-in details such as usernames and passwords by providing links to websites that are very close imitations of the genuine bank site.

Increasingly complex attacks are also emerging, says the company.

“Consumers need to be aware of threats when banking online, but that is not to say that they should not do it,” says Mikko Hyppönen, chief research officer at F-Secure.

In a recent survey, Abbey found that around 40 per cent of online shoppers want banks to monitor online transactions more closely to make the internet safer.

Related Entries

  • MBNA credit card can be activated online
  • The Internet has had a huge impact on the lives of most consumers, and being able to access goods and services online has improved convenience and ease for many people that prefer this channel to
  • Credit card users ‘want online services’
  • Most credit card users want the option of managing their account online, although it is not a key consideration when choosing a credit card.Eighty per cent of respondents in a survey conducted by consumer research
  • Decrease in online credit card payments
  • Recent figures have shown that there has been a decline in the level of online credit card payments, with officials from the Nationwide Building Society claiming that use of credit cards when making online transactions
  • Brits to miss out on tax free savings
  • Many Brits will miss out on significant tax free savings this year, according to research from financial experts. Findings from moneysupermarket.com have shown that while only 32 per cent of Brits plan to invest in
  • Compare Credit Cards – UK Credit Card Comparison
  • When looking for credit cards it is important to compare a range of cards to ensure that you find the right card for your needs. There are many different credit cards to select from, offering
  • Pre-paid cards ‘help people budget’
  • Using pre-paid cards instead of credit cards can help people to budget more accurately, as well as being convenient and secure.That's according to Mark Simon, chief executive of card provider Tuxedo, which is teaming up
  • Sort your budget out for 2010
  • Like many other people you may have experienced a great many difficulties in terms of your finances this year, and this is partly because many of us were not prepared for the onslaught of financial
  • Three million use credit cards ‘every day’
  • Three million people in the UK use their credit cards every single day, it was claimed this week. That amounts to nearly one in every ten of the UK’s 34 million credit card holders. 54

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!