From: Thomas Raef (traefebasedsecurity.com)
Date: Fri Jul 25 2008 - 04:00:23 CDT

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>>Security flaws plague majority of e-banking sites
>>http://www.finextra.com/fullstory.asp?id=18764

>>Over 75% of banking Web sites contain fundamental design flaws that could
>>put customers at risk from cyber thieves, according to a study (of 214 bank
>>web sites)conducted by researchers at the University of Michigan.

Tom Replies With:
 
I first saw this on Network World: http://www.networkworld.com/community/node/30229?t51hb&nlhtsec=mr_072408&nladname=072408securityal <http://www.networkworld.com/community/node/30229?t51hb&nlhtsec=mr_072408&nladname=072408securityal>
 
where it states: "Like with a lot of research, the results take a while to emerge. In this case, the researchers took a look at web sites from 214 financial institutions back in 2006."
 
The results took awhile to emerge? 2 years? I found this article to be security fear mongers trying to get some backing for more research. Does anyone still think that 214 financial institutions haven't changed their security in 2 years? Or that their websites are still the same as they were back then?
 
I think someone got some grant money to conduct the research and was finally forced to cough up the results. Even 2 years later.

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