Consumer mistrust in banks 71%
Nearly three quarters of UK consumers do not trust their bank. Banking is now less trusted than the technology, health and even the education sector, a reverse of the situation in 2006.
- Willingness to pay for extra security 10%
Despite this lack of trust, only one in ten UK consumers is prepared to pay for greater security, down from 40 per cent two years ago.
- Phishing Summer onslaught on RBS
Last month stands out for a massive phishing campaign targeting Royal Bank of Scotland customers. LloydsTSB was another popular target in July. Old favourites eBay and PayPal remained high on the list of targets, although activity against them was dwarfed by the attack on RBS. Singling out one bank for a short, intense phishing campaign seems to be a popular tactic lately.