Enhancing Online Banking Security: The Future of Fraud Prevention

Enhancing Online Banking Security: The Future of Fraud Prevention

Assessment

Interactive Video

Architecture, Business, Social Studies

KG - University

Hard

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The video discusses a new tactic by banks to combat fraud, involving a gadget that generates a unique code for online banking verification. While this hardware solution is being trialed by 30,000 UK customers, its effectiveness is questioned due to potential theft and the need for a software solution.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative solution do some suggest is needed in addition to the hardware gadget?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the scale of the trial being conducted in the UK?

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OFF