Bank has seen online takeup without need for extra security
Efforts to standardise online banking security could be undermined by HSBC's refusal to adopt two-factor authentication for access to its web accounts.
Some high-street rivals have explicitly linked growth in online banking with improvement in security procedures.
But figures from HSBC last week show a 55 per cent rise in online customers last year without any extra safety measures. The firm is now questioning the need for investment in industry body Apacs's standard card reader.
The surge in take-up proves customers already feel safe on the internet, says HSBC head of e-commerce Alison Leonard.
Three Minutes on Google Security
Security has been a bit of a black art at Google. Unlike rival Microsoft, which publishes detailed information on its monthly patches and has openly evangelized the steps it takes to secure software, Google has generally been quiet when it comes to talking about security and it has kept the team that keeps Google's Web sites secure under wraps.
Read the interview at http://news.yahoo.com/s/pcworld/20070606/tc_pcworld/132606;_ylt=A0WTUed_EmdGC2cAsQkjtBAF