What would you expect from a country that prosecuted people for having their ATM cards cloned?

New banking code cracks down on out-of-date software | The Register

The Banking Code produced by the British Bankers’ Association (BBA), and followed by most banks, makes it clear that banks will not be responsible for losses on online bank accounts if consumers do not have up to date anti-virus, anti-spyware, and firewall software installed on their machines.

“If you act without reasonable care, and this causes losses, you may be responsible for them,” says the code. “This may apply, for example, if you do not follow section 12.5 or 12.9.”

Section 12.9 says: “Keep your PC secure. Use up-to-date anti-virus and spyware software and a personal firewall.”

The BBA said it was not aware that any bank had ever invoked that clause of the code to avoid covering a consumer’s online banking losses.

So much easier to put the risk onto the customer rather than putting one’s own house in order. (Albeit the problem of making safe transactions using a pwned machine is still rather open.)

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