Banks Urged to Address Security Loopholes After Which? Investigation

Which? has raised concerns over security vulnerabilities identified in the online banking platforms of certain banks, highlighting the need for urgent action to protect customers from fraud. The consumer watchdog conducted a comprehensive assessment of the security measures employed by 13 current account providers, revealing potential loopholes that could compromise user accounts. TSB and The Co-operative Bank were found to be particularly lacking in their security protocols, while Starling Bank and NatWest/RBS emerged as industry leaders in online security.

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