You are here: silicon.com > Software > Security Strategy

Security Strategy

Barclays urges customers to get secure

At cost...

By Will Sturgeon

Published: 9 January 2006 16:25 GMT

Barclays Bank is urging customers of its online service to download security software which is provided as part of a tie-up with Finnish antivirus vendor F-Secure.

The tools available to download on the online banking site include anti-spyware protection and rootkit detection as well as a traditional antivirus product.

The bank will charge customers £16.95 for the antivirus protection, or £27.95 for the more comprehensive package.

Although those charges represent approximately a 30 per cent discount on the retail price, many proponents of such an offering argue that banks could actually absorb the costs of a 100 per cent subsidy by virtue of the savings they would make from reimbursing losses which result from digital identity theft.

David Mitchell, senior operations manager at Barclays, said: "Our aim is to act as responsibly towards our customers as possible. When it comes to online banking, this means not just ensuring that our own processes are completely secure but also that the customer's own PC is protected, so the whole transaction is totally safe."

Mitchell said it is important banks and online retailers take whatever steps they can now, to restore confidence in online transactions.

Brian Gregory, internet security business manager at F-Secure, said: "The hope is that many people will consider using the software to ensure their transactions are fully protected, so that their personal data is kept secure."

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
Systems Administrator, Journalism Operations, Future Media and Technology

Apache, youll have extensive knowledge of HTML and cross-platform compatibility issues, and an understanding of the factors affecting download speeds ...

40K-70K + Bonus 4 x Commodity Trading Systems Business Analyst

Would you like to work in the front office in investment banks and energy companies? My client is a leading provider of energy trading and risk ...

Business Consultant Energy Markets Power & Gas - London - 30K+

Skill set required: - Strong knowledge of the energy industry - Ability to communicate with impact & confidence both verbally and written - Problem ...

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.





Quick Sitemap Links: