Over half of the UK’s high-street banks and building societies use outdated SSL security that means their online customers can be attacked by low-skilled cyber-criminals, and “they don’t seem to care”, according to security firm Xiphos Research. Birmingham-based Xiphos checked 22 UK-owned retail banks and found 50 percent still use vulnerable Secure Sockets Layer (SSL) certificates despite problems known about for months and even years. A further 79 percent of 25 foreign-owned retail banks operating in the UK, and 51 percent of the UK’s top 37 building societies, are also insecure.
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ORIGINAL SOURCE: SC Magazine