Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Demand Bank Protection Against Online Fraud


Customers urged to demand protection against online fraud from their bank

Bank workers are stepping up their call for all banks to declare they will fully cover any losses customers suffer as a result of online fraud. Their union, Finsec, is launching a webpage for bank customers to email bank CEO's directly about the issue.

The "CoverCustomers" campaign can be found at the website www.finsec.org.nz/CoverCustomers

"In August Westpac said it would cover losses due to online fraud. Yesterday the BNZ followed suit. It is time for the other banks to step up and promise protection to customers who fall victim to online fraud," said Finsec Campaigns Director Andrew Campbell.

"Customers can go to the CoverCustomers campaign website and send an email to the CEO of their bank requesting that their bank take responsibility for their online banking security," said Campbell

"The Code of Banking Practice puts virtually all the onus on the customer to maintain high levels of computer security. For the average customer it is a high threshold that allows the banks that have not relaxed their rules to avoid helping out their customers when they are defrauded," said Campbell.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO: