online banking account user scam

Beware to all online banking account holders. As you all know about the latest happening scam in town where some of online account holder was tricked in updating security related information which was look genuine as send by the respective bank itself. Guess what; even I myself receive a similar mail from an unknown source pretending to be Maybank Online Customer Service Centre. Luckily I was aware of the scam. But I was just can’t believe that I will receive the similar scam. Well I was wondering what is the level and credibility of our nation cyber security in defending the network and its valuable information that could fall on wrong hand. I concerning about this as a computer security student. Where I strongly do believe that this is the time for the government, banking institute and also the big software solution provider to come up with a more secure network and beef up the security of cyber traffic to minimize the threat that been a problem to the innocent people and also to the nation economy. Well now days it was very easy to hack a website or to gather confidential information such as bank account holder information’s. But one thing for sure I was wondering that how come a confidential information such as the bank account holder’s details can be retrieved by a outsider. Well logically this can be said an internal work. Where there should be some black sheep behind the scene. Because the confidential information of customers was a top priority to every bank in order to prevent any fraud. So basically every banking institute should increase their database security system to prevent any data from being transfer out or copied by their employees. They should set that every single data that been transferred via their system will be automatically encrypted in a special format that only can be decrypt by the bank system itself. This would be one of good security measurement that should be practiced by the local banking institute which was widely implemented in many countries such as Australia, United States and United Kingdom. This would be a best effort to prevent any fraudulent or cheating scam rather than advising the customers not to reveal their banking confidential information to any unknown source. Instead they should study the problem from the root which will basically point to them back as their management of customers confidential data is not efficient and prone to many privacy intrusions.