Quote:
Originally Posted by Incognitas
I'm finding all this a bit deep for my very basic knowledge.My concerns lie with online banking security.Would Phorm be able to snoop on such info?Is this why Nationwide are issuing card readers for online transactions?
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Bank websites use HTTPS pages which are encrypted, so even if the Phorm profiler reads the contents (and they claim that it doesn't even try to), it's virtually impossible that they'll be able to decrypt them to gain any information - it would take a long-term brute-force attack using colossal amounts of processor power to even attempt this...
Other banks are also currently issuing card readers, but I think this is more to do with defeating keyloggers and phishing sites.
However, what people are concerned about is the possibilty that the Phorm kit will at least know which bank you are with, by logging the fact that you are visiting the same banking URL regularly - and that's something I wouldn't want advertisers to know about me.
---------- Post added at 22:52 ---------- Previous post was at 22:46 ----------
Quote:
Originally Posted by flashpaul
I don't have paperless billing so my prices will go up
and I think that gives me the right to cancel !
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I agree.