Comments on: Liability for internet banking fraud in Ireland

By: jonny

jonny — Wed, 23 Apr 2008 13:49:36 +0000

I agree with banks, bill here. Yes you analogy of home insurance works, but internet banking is a different kettle of fish. If banks are using new technologies to cut branch costs such as the internet, they have to ensure cutomers know what they are dealing with.

To use another analogy if you were queing up in a bank to deposit money ready to use their services and it was robbed, yes you would be compensated. You are being targeted for using the banks service and many are unaware of the risk.

My best advice is use a reputatble bank and as secure computer as you can find when accessing you bank account deatils online.

By: Banks, Bill

Banks, Bill — Tue, 22 Apr 2008 14:55:56 +0000

Internet banking fraud has been in increase these days.I think in this case the security of the bank failed so its banks liability , they have to pay every thing back to the customer.

By: Gavin

Gavin — Tue, 15 Apr 2008 16:22:19 +0000

I think if the bank has done everyone one can reasonably expect to implement a secure system, then it's not unfair to hold the customer liable.

I mean if I don't secure my house properly and it's robbed, will an insurance company pay out ? I wouldn't have thought so.

If there's a fault in the security system, obviously that's the banks liability.

No ?