In my latest interview on Bloomberg Television I have discussed the latest data theft reported by HSBC Private Bank based in Switzerland.
Is the data private of banking clients really protected ?
A recent study present some alarming data: 61% of the banks do not offer secure web messaging from their own website.
This means that some private banks allow potential clients to communicate through forms that can easily be intercepted (I have just verified last night and HSBC Switzerland was one of them). Implementing this level of security through an SSL encryption and certificate costs a bank as little as few hundred dollars.
Whilst this is not related to the HSBC incide...
