Indian Banks Worry about Online Security

Some 30 percentage of India's top Banks have got fallen victim to personal identity larceny in the last 1 year, according to a new study released Wednesday.

Conducted by Singapore-headquartered software system merchandise company ReadiMinds, the online study also determined that online security was one of the top three security concerns for North American Indian Banks this year. The study, titled State of online security in fiscal establishments in Republic Of Republic Of India 2008, was conducted in April 2008 and polled India's top 40 banks.

"Stronger online security is a concern issue, and Indian Banks are increasingly focusing on improving online security," Naren Nagpal, chief executive officer of ReadiMinds told ZDNetAsia in an e-mail interview. "[However], online security at North American Indian Banks is well below that of planetary banks."

Phishing is also a growth cause of concern for North American Indian banks, where 30 percentage of those surveyed said they were in the last 1 year.

According to the ReadiMinds survey, 10 percentage of Banks in the state have got been victims of "man-in-the-middle (MITM) attack" during the same period. This is an emerging type of attack, in which a fraudster or malicious hacker intercepts the dealing between the user and Web-banking server. The hacker via medias and modifies the electronic communicating nexus between the user and the bank's Web waiter in a command to obtain fiscal gain. Better security, better business

The study also identified a strong nexus between the concern public presentation of a fiscal establishment and the online security measurements it had implemented.

"Over 70 percentage of Banks that had implemented stronger security regularly delivered better concern public presentation compared to their equal group," said ReadiMinds.

However, more than than 57 percentage of the Banks still make not have got a dedicated budget for online security, choosing instead to include online security as portion of their , the study found.

Similarly, only 57 percentage of the Indian Banks had a formal program in topographic point for creating client consciousness against online personal identity larceny and fiscal frauds.

Yet, all the respondents were aware that integrating stronger user authentication, with fraud sensing and risk-based transaction verification, was the strongest word form of defence against online personal identity larceny and fiscal frauds, the study said.

Survey says: Most RI residents feel safe in their neighborhoods - Quad-Cities Online

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Survey says: Most R.I. occupants experience safe in their vicinities

Posted online: March 10, 2008 9:54 Prime Minister Print publication date: 03/11/2008

By Jonathan Turner,

ROCK island -- A new study of Rock Island occupants bespeaks most experience their parts of the metropolis are safe.

Eighty percentage of those surveyed feel safe in the vicinities where they live, according to a telephone study of 400 occupants completed last autumn by Personal Selling Research of Davenport. Those occupants stand for all countries of the city, according to a map provided in the 30-page study report.

Only 3 percentage of respondents make not experience safe in their neighborhoods, the study showed.

Regarding business district Rock Island, 54 per centum of occupants said they felt the country is "very safe" or "safe," 40 percentage "somewhat safe," while 7 percentage said "not safe."

The study received responses from 401 non-residents (from Davenport, Bettendorf, Moline and East Moline), and a greater percentage of non-residents felt insecure downtown.

"We necessitate to hear more than that it's safe," Ald. Margie Mejia-Caraballo, 5th Ward, said of spreading the good word about The District. "The Numbers are showing that it is safe."

Downtown was cited as the best thing about Rock Island by 28 percentage of non-residents, and 36 percentage of all respondents said Rock Island have the best business district in the Quad-Cities. Among non-residents, Davenport won the top honor, 37 percentage to 26 percentage for Rock Island.

Renaissance Rock Island makes a community selling study every two old age and consequences from anterior old age were listed in the report. Questions about vicinity and business district safety were new this year, as was a inquiry about whether respondents acted upon seeing the "Rock Solid, Rock Island" telecasting commercials.

The metropolis contributed -- with Rock Island Economic Growth Corp. and Development Association of Rock Island -- to producing four 30-second TV spots, which aired from September 2006 through March 2007.

Rock Islanders Kraut Jones, January Masamoto, Adam Niels Abel and Laura Pappas provided unscripted testimonies that became the footing for the commercials.

Thirty-six percentage of the last study respondents said they saw the ads, and 15 percentage of those changed their mental image of the city, with 8 percent saying "they are doing something differently" because of the spots.

"I've talked to other selling people and A selling professor at Augustana, and they said that's a pretty positive number," said Jennifer Fowler, community selling director. Not many organisations or companies even track the effectivity of advertising, she said.

Ald. Dave Conroy, 2nd Ward, said new advertisements should speak about specific metropolis comforts like parks, Whitewater Junction, Sunset Marina, golf game courses of study and fitness center. Those visuals were shown in the last television ads, but not mentioned by featured residents, Ms. Henry Watson Fowler said.

By December 2008, four new television advertisements will be produced and air over a six-month period, she said. They also will concentrate on business, schools, business district and the community at large.

INFOBOX

Excerpts from R.I. study consequences

-- 65 percentage of occupants said their perceptual experience of Rock Island was positive; 10 percentage said theirs was negative.

-- 24 percentage of non-residents had a positive perceptual experience overall of the city; 27 percentage a negative one.

-- 11 percentage and 28 percent, respectively, of surveyed occupants said the best things about the metropolis are metropolis authorities and the downtown.

-- Those surveyed said the best feature of Rock Island is its diverseness of people; the worst is the city's force and crime.

-- 48 percentage of respondents felt very safe or safe downtown; 41 percentage felt somewhat safe.