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But with this in mind, are the banks and other financial institutions planning to combat the ever emerging threats that "cyber criminals" pose? And if so, is the level of protection adequate to provide peace of mind for their customers?
Usernames and passwords have been the primary authentication methods in the computing world since it's origins. Although this was once thought to be an adequate means of securing sensitive data - this is no longer the case. When the internet was first made available to the public, the term "hacker" was associated with a rare, criminal-minded genius that possessed extraordinary computing ability and could penetrate the security infrastructure of any organisation's or individual's computer system...
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