Is Online Banking Safe from Identity Theft?

I am starting to reconsider my opinion that online banking is safer than traditional banking. Primarily because I have been hearing horror stories during some of my identity theft seminars. But now I am seeing it in the mainstream media. Case in point: read this short article in this morning’s USA Today about Hackers Swarming Bank Accounts. I’m open to your opinions, but I feel like the thieves are starting to win. In a YouTube video post I did some time ago about online banking, I suggested that if your computer is well-protected, you are better to bank online.

Online Banking & Identity Theft Video

But lately, it seems like the thieves are a step ahead. What are your thoughts? Have you had any troubles with identity being compromised because of the types of threats discussed in the article?

Identity Theft Seminars

Posted by Identity Theft Speaker John Sileo in Burning Questions (Video), Identity Theft Prevention, Video Tips and tagged hackers, Identity Theft Prevention, online banking, safety, Sileo.