[Clips] Banks Seek Better Online-Security Tools

[Nicholas Bohm]

Kerry Thompson wrote:
> dan at geer.org said:
> 
>>You know, I'd wonder how many people on this
>>list use or have used online banking.
>>
>>To start the ball rolling, I have not and won't.
> 
> 
> I do. Although, only from PCs that I trust such as my linux box at home.
> And I keep a close watch on my bank statements.
> 
> All things considered, its safer than posting cheques or distributing your
> credit card number around.

That depends on how the risk of loss is allocated.  This can vary
between different legal systems, and may depend on the terms in force
between bank and customer.

For an exploration of this in the context of English law, see
http://elj.warwick.ac.uk/jilt/00-3/bohm.html

Nicholas Bohm
-- 
Salkyns, Great Canfield, Takeley,
Bishop's Stortford CM22 6SX, UK

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