Moves to tighten security for online banking.
The Banking Association and the Superintendency of Banks in Panama have developed a set of standards in the security of Ensure to online banking.
The regulator has set-up a department specializing in risk technology to monitor the proper Implementation of existing rules governing online banking says La Estrella
HSBC agrees with the Superintendency and claims that the security of online banking is high.
"The only fraud Losses are due to carelessness of some clients who responded to phishing e-mails and shared their data with others” said a company statement.
