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Questions tagged [banks]

Use for questions about security practices used by banks and other financial institutions.

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0answers
47 views

What's up with the mangling of the title of this web banking page? [closed]

This has been bugging me for a while. When I access my bank account in a Brazilian bank's web page (Caixa), the title that appears in the browser's tab, which should be Internet Banking Caixa, appears ...
1
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1answer
41 views

Norms and Compliance for storing bank account details

I am from India and working on a B2C service product. There I have to transfer money to my customers, so I need their bank account number and IFSC code. However, I was wondering if there are some ...
-2
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1answer
108 views

Unauthorised transfers to developer's account in bank transaction software [closed]

Our organization has software for transactions. The person who designed this software illegally designed it in such a way that when any transaction is performed 0.5 percent of the transaction goes ...
2
votes
1answer
507 views

Is Plaid, a service which collects user’s banking login information, safe to use?

I recently signed up for Privacy.com, which uses a service called Plaid to link a bank account. To do this, it requires the user to provide their banking username and password to a webpage from Plaid,...
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0answers
42 views

How does using an app rather than code card to authenticate improve security?

Our bank used to issue code cards, with 72 passwords printed on them. To login to net bank we used to need to know: Our bank account number (we have that written down) A password we've picked. We ...
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1answer
87 views

How should we mitigate threats that are keep coming to our security monitoring system?

We have continuous cybersecurity threat feeds that coming to our SOC on a daily basis from different sources that provide all the new CVEs, new malware variations and more. We just don't know how to ...
-1
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1answer
79 views

Which encryption methods are used in online banking?

How does the connection get established in online banking? Just with SSL? I searched the internet for that, but there are just 'user guides' if you want to use online banking but not how it works on ...
1
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1answer
58 views

Deutsche Bank PhotoTan app signed with self-signed certificate?

Deutsche Bank recently started forcing its customers to switch their transaction authentication from iTAN to PhotoTAN. Now I wanted to verify the authenticity of the Android app like this: # ...
10
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4answers
904 views

Why should we prevent users from saving their passwords in their password manager?

I understand there are a few other controls, like 2FA, for making transactions in many bank account websites, while only users required for username and password to access the account. I noticed ...
1
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0answers
34 views

What are the most important security controls to implement when deploying BYOD in an organization? [closed]

In organizations like banks that have already many security controls. Will implementing BYOD (our organization employees will be able to use their own computers to access the organization when they ...
0
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1answer
108 views

Fake bank text message

I recently tried to use my card to buy something on my phone for £29.99. My card was declined so I used a different card and the payment went through. A couple minutes later I get a message from a ...
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2answers
152 views

End to end encryption in mobile banking? [closed]

Can we use E2EE to secure the communication between the bank and it's customers in the applications of mobile banking? And what is the status off E2EE vs SSH regarding this matter?
11
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3answers
381 views

How to calculate our application security debt?

Application security debt has some similarities to technical debt but there are few differences that we need to think about when deciding if our security debt load has gotten too high and needs to be ...
29
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4answers
3k views

How should I verify a caller is from the bank or company they claim? [duplicate]

I often get telephone calls from my personal bank, mortgage provider or utility companies. In most cases they start by asking me to verify my identity through the usual name/address/date of birth or ...
-1
votes
2answers
126 views

Ad fraud is growing into one of the biggest concerns. How can it affect banks?

The attached image was presented to me, but I'm confused about the risks of ad-fraud to organizations like banks. Usually, the advertisement budgets are invested only in "trusted" sources like Google ...
1
vote
1answer
37 views

Is a bank's affiliate that provides services to the bank issuer required to show compliance or certification to PCI DSS

Is a bank's affiliate that provides services to the bank issuer required to demonstrate compliance or certification to PCI DSS? If so, how is this typically done?
8
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1answer
250 views

Why would a banking app require access to browsing history and information about apps running on the device?

I have a banking app installed, but when I tried to update it, it asked me for permissions to access browsing history and the information about apps running on the device. Why would a banking app ...
0
votes
1answer
114 views

Pinhole communication with air gapped network

A long time ago ago I worked for a small bank. We used a physically separated network to host our internal servers that handled all the transactions, as well as the workstations accessing the system. ...
1
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1answer
245 views

Can a website use my debit card details for further transaction? [closed]

I bought a bracelet from Buzz Bargain(Sorry for advertisement) and it deducts 2.99 from my account and then they send me an email saying that we will deduct 49.9 USD after a month for a subscription ...
1
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2answers
64 views

Linking to a bank account: login credentials vs. routing information

Venmo wants the login credentials to my bank to link to my bank account. Giving my bank password to another party feels very wrong and is not something I am inclined to do. However, after thinking ...
0
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0answers
95 views

How to check if direct debit whitelisting is in place for a specific account number?

Paying through bank transfer to other account without direct debit is more and more common these days. Some of them are online services running bug bounties with availability of payment through bank ...
2
votes
2answers
335 views

Computer began downloading hundreds of blobs then froze

While my mother was trying to sign into her bank account, the download bar in Chrome filled up with hundreds of downloads. Her computer then froze so she restarted it and it seemed to work fine, and ...
4
votes
1answer
107 views

Debit Card was used fraduentely, Should I report an incident to the websites that stored my card?

Here is my situation. I had a debit card where I could transfer funds to it for limited use. I usually kept a low amount on this card just for little purchases. It was recently used in a fraudulent ...
22
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4answers
567 views

Bank asked for a cross login?

I was creating a new bank account here in the US at HSBC's popular online bank... You know the step where you have to verify the account you're sending from, by receiving two small test payments? I ...
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2answers
241 views

Are these claims about public WiFi accurate?

I received the following message from my bank: Be careful when using wireless networks. Some wifi networks are unsecure, meaning that they may allow someone else to access information or files ...
2
votes
1answer
106 views

Is it safe to keep image of cleared check?

I am developing an online banking site. Is it advisable to build a feature that allow user to download and save an image of their cleared checks on their computer? Is there any risk to user who ...
1
vote
1answer
381 views

Storing basic financial data

I'm working on a project similar-ish to a budgeting app like mint or ynab. I'll be using the Plaid api, which abstracts away account/routing numbers, etc. Thus, what I'll have access to, and be trying ...
1
vote
1answer
388 views

PCI compliance for bank card system

There is a bank who has internal system working with card data preparation, generating PANs, and finally preparing personalization files that are sent to third party card manufacturer. The bank can ...
5
votes
3answers
201 views

Why don't most banks in the UK use 2FA?

Common UK banks such as Halifax rely on internet banking which consists of a username, password and then picking several characters from a drop down list? Why is this more secure than using a ...
1
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2answers
150 views

Bank asking for password for encrypted document

My bank has advised that they are sending me a letter by email. The letter within the email will be encrypted. Rather than giving me a password for the letter, the bank asked me over the phone to ...
0
votes
1answer
96 views

How can the german ChipTAN / CardTAN system be secure?

The german ChipTAN (https://en.wikipedia.org/wiki/Transaction_authentication_number#ChipTAN_/_CardTAN) system calculates a TAN that is send to the banking server to proof the transaction. The number ...
3
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0answers
54 views

Is it really risky to make your IBAN public? [duplicate]

I have already asked this question on "Personal finance & Money", but probably it wasn't the right community. It seems that people are reluctant to give their IBAN to strangers. I saw someone ...
7
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1answer
286 views

PSD2 compliant two factor authentication

According to PSD2 the elements of the multi-factor authentication must be independent so the compromise of one element does not compromise the other. Here is the article from the directive: *...
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2answers
61 views

Bank requires card PIN for online transactions: how is this better than standard two-factor one-time PIN?

I have a bank account in one of the main European banks. The bank recently overhauled its online banking system, making it more visually attractive (and also full of bugs and extremely annoying to use)...
78
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10answers
23k views

Bank wants my Online-banking PIN through the telephone

My new girocard did not reach me. I wanted to call the bank to block the old and get a new one. So I checked my online banking and found a phone number ("Block card: girocard or visa card lost? Call ...
3
votes
1answer
147 views

Is my online bank password security policy good enough?

My bank has an online password security policy which seems to me 100% wrong at all levels. Since it is one of the biggest banks in my country, I'm giving it the benefit of the doubt, and consider the ...
2
votes
2answers
134 views

Is this technique a secure way to confirm a user's bank account details, without requiring them to provide their credentials?

There are many financial services that can verify a user's bank account by asking for their username and password, and signing in on their behalf. Some examples are Coinbase and TransferWise. I've ...
8
votes
5answers
2k views

Hardware token vs Fingerprint based software token

I'm given a choice between two banks's authentication procedures and I need help choosing the most secure and convenient option. Option "hardware token": Authentication into the web platform is done ...
3
votes
1answer
147 views

what to do if your online banking has low security standards

What can I do if I think that my online banking service is not secure enough? the bank I'm considering is hsbc us (but I believe such issues are common to many) and here's two items that I believe ...
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2answers
257 views

Online banking on wpa & wpa2 enterprise

I could use two wifi connections, both with WPA & WPA2 Enterprise security, automatic PEAP and MSCHAPv2, one of them with certificate, the other without; both require user/pwd and are on a ...
0
votes
1answer
128 views

FooCoin, a BitCoin on an encrypted smartphone OS = flawed?

Please help me with a theoretical Bitcoin equivalent called FooCoins that are encrypted inside small phone electronics that are difficult to modify and hack, using a closed source OS. BitCoins use ...
5
votes
1answer
265 views

Is inputting a password over a phone secure

When calling my bank, they require you to input your username and password using the phone keypad. Is this a safe practice? Specifically, is this less secure than inputting my password on their ...
0
votes
1answer
225 views

Is an exploit that exposes the balance of any account in the bank a high risk exploit?

I have found an exploit to get account balance information for any account in my bank website. What is the level of this exploit (risk, medium, low)? and is it ethical to ask for a prize or money ...
5
votes
1answer
414 views

Can a Bitcoin Seller steal my Identity?

I was trying to buy some bitcoins on https://localbitcoins.com. However, the seller was looking for a copy of my ID and a photo of my debit card (long number covered). I'm curious as to how open ...
1
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1answer
240 views

Required security for storing bank transactions, but not credentials

If I'm using an external bank data aggregation service to get user credit and banking transactions, but the external service itself is handling the process of collecting and managing banking ...
64
votes
8answers
17k views

My bank support just asked me for my online banking credentials

As title says, I was asked for my online banking password while on the process of getting in touch with a real person. This is something I'd never do and knowing that the call was being recorded (for ...
11
votes
1answer
8k views

How is it secure for Venmo to ask for credentials?

When linking a bank account, one of the options on Venmo is to provide the username and password of your online banking account. I can't seem to find people criticizing this practice, which surprises ...
4
votes
1answer
821 views

How secure is telephone banking?

The fallback for my online banking login at multiple banks is telephone banking. On the phone I can make payments, but I can also reset passwords, and several other critical security functions. ...
124
votes
3answers
18k views

Should I be worried of tracking domains on a banking website?

Finland's largest bank OP (former Osuuspankki) has added tracking domains (all three owned by Adobe) in their website redesign: These domains are loaded when signed in: 2o7.net demdex.net omtrdc.net ...
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1answer
258 views

Storing bank account details securely

I'm writing some software which has an invoicing component. Is it safe to store a bank account number and an associated sort code in a database if I use encryption? Can anything be stolen using just ...