Do you think your money is safe in bank?

Money can be safe in nationalized banks or any other bank if its kept as it is. However with the advent of technology and the increasing dynamic demands of the consumer base, there are various issues that have raised eyebrows. With online banking or e-banking gaining popularity amongst the consumers, a new horizon of anomalies have dawned. Online banking is not so secure these days because there are lot of loopholes on the server-side scripts and client side scripts existing for securing confidential information. At present there are still a number of banks who implement RSA-512 encrypting algorithm for encryption of data which is an age-old practice. Confidential information like credit card information, banking passwords or PINs are vulnerable to attacks by hackers and can be easily hunted through phishing attacks. It means that development in security of online transactions is still in in its nascent stages. Again, Mobile banking has a lot of issues not only for security but also for authorization, integrity, consistency and redundancy. Not only that, recently I came across a T.V. report broadcast which stated that thousands of crores of rupees have been lost in loans that have not been recovered by RBI and every other bank associated with RBI. With all these matter in air, I simply doubt - is my money safe in banks?