Release Summary: Barclays release new video highlighting the risks
of online fraud that their customers may face when using the internet
Release Body: Barclays new video, which is presented
by television reporter Spencer Kelly, outlines
the key risks such as phishing and malicious software and provides
advice on what can be done to avoid these threats as well as the
things Barclays does to protect customers.
Barclays is a leader in online
banking security initiatives having launched PINsentry in
2007. PINsentry uses a handheld card reader and chip and PIN technology
to verify customers' identities for online banking. Without the
need for passwords or memorable words, PINsentry has introduced
a new layer of security to online banking, with users being issued
with a unique eight digit code, helping to fight fraudsters who
hack into people's computers or utilise "phishing" emails
to steal login details. Over 1.5 million customers are now using
PINsentry and it was recently named the Best Security Initiative
at the Nominet Best Practice Challenge 2008 awards.
June 2008 Barclays became the only bank to offer
all of its customers a full free online
security software package. The package, from award winning
internet security provider Kaspersky, includes
anti-virus software as well as a spam filter, parental controls,
spyware, adware and firewalls and is available to all customers
who are registered with Barclays online banking.
As a result of these initiatives and continuing work behind the
scenes, Barclays has seen a dramatic 91 per cent
drop in the money lost to fraudsters from 2006 to 2007 and is
the only UK bank to have seen a reduction in the number of phishing
fight against online fraud continues with a new 'vidcast' advising
people on the best methods of internet
security. The five minute video is available to watch at www.barclays.co.uk/video
where viewers are also invited to post their comments including
suggestions for subjects of future videos.
Barclays is a major global financial services provider engaged
in retail and commercial banking, credit cards, investment banking,
wealth management and investment management services, with an
extensive international presence in Europe, the USA, Africa and
over 300 years of history and expertise in banking, Barclays operates
in over 50 countries and employs 143,000 people. Barclays moves,
lends, invests and protects money for over 38 million customers
and clients worldwide.
further information about Barclays, please visit our website www.barclays.com.