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U.K. research suggests online bank could be hacker-vulnerable

August 17, 2006

Datamonitor: Scientists at the United Kingdom's University of Cardiff said there are security flaws in HSBC's personal online banking service. Researchers say hackers can easily use keystroke-logging equipment on vulnerable computers to gain access to accountholders' details. HSBC said the system does not have a problem with Internet banking fraud when compared to its peers.

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