News & Insights

Blumberg Capital portfolio news, startup growth resources and industry insights

Home > News & Insights > Up to 30% of Bank Customers’ Systems Are Infected with Malware

Up to 30% of Bank Customers’ Systems Are Infected with Malware

Share

By Philip Ryan

Banks’ own systems have to be rock-solid — but banks’ customers’ computers are a different story.

In an era where more customers connect to banks digitally every day, a secure connection between the two systems is essential, but this can be difficult since customer devices are outside the banks’ control. Problems experienced while attempting to connect to banks’ systems may be blamed on the banks, even if the customer’s own infected machine is the cause.

An Israeli firm called Namogoo notes that as many as 30% of customers could be vulnerable to invisible client-side malware attacks due to infected systems. Namogoo’s solution offers a “session firewall” to ensure a secure connection between client and server — the customer and the bank.

Read more.

Related Articles