NZ Banks Demand a Peek at Customer PCs in Fraud Cases

Banks in New Zealand are seeking access to customer PCs used for online banking transactions to verify whether they have enough security protection. Under the terms of a new banking Code of Practice, banks may request access in the event of a disputed transaction to see if security protection in is place and up to date. The code, issued by the Bankers' Association last week after lengthy drafting and consultation, now has a new section dealing with Internet banking