Open Letter To BofA: Put Your'Higher Standards' Into Play

Sraeel, Holly
March 2005
Bank Technology News;Mar2005, Vol. 18 Issue 3, p8
Trade Publication
The article reports that Bank of America--faced with a lawsuit from a Miami businessman alleging the bank failed to protect him from on-line banking risk--must decide that the customer is far more important than anything else if the bank wants its on-line banking push to continue to resonate with success. Warning on-line banking customers to protect their financial information (account numbers, passwords, etc.) and imploring them to be vigilant in implementing security measures isn't enough to thwart the rise of such attacks.


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