Stories by Paul Raines

Bank security: It boils down to economics

Last year, between Britney's divorce and the U.S. midterm elections, I couldn't help but notice a little newsbyte that several American online trading companies had been hacked. Yikes! Luckily, when I logged on to my accounts held with U.S. financial institutions, I found that my balances had not mysteriously vanished down a cyberdrain, but the episode did give me pause. The fact is, I've found stark differences in the practices at my American and European banks, and all evidence points to Europe being much more security-conscious.

Paul Raines | 21 Mar | Read more

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