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Security Flaws in Online Banking Sites Wednesday, July 23, 2008 - Anuradha Menon Home >> Headlines >> Internet   
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More than 75 percent of the bank Web sites surveyed in a University of Michigan study had at least one design flaw that could make customers vulnerable to cyber thieves after their money or even their identity. Atul Prakash, a professor in the Department of Electrical Engineering and Computer Science and doctoral students Laura Falk and Kevin Borders examined the Web sites of 214 financial institutions in 2006. These design flaws aren't bugs that can be fixed with a patch. (source: ns.umich.edu)
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