I have often been exhorted to set up online access to banking and investment services in the name of convenience and speediness. I never accept. I always decline.
I will not do any financial transactions on line, not by "Online Access", not by "E-delivery" or whatever this or that feature may be called. Similarly, I do not pay medical, household or utility bills electronically. Every transaction in which I engage requires paper, ink and postage stamps.
It may be just my personal prejudice, but I have absolutely no faith whatever in ANY online security measures that ANY institution or business entity may now have in place supposedly for my protection, or may plan to put in place in the future, because such measures cannot address any vulnerabilities in the PC that sits right here at my desk.
Although I do have antimalware provisions installed, more than one actually, and I use them, such provisions seem to get automatically updated maybe once every few days or updated whenever I happen to initiate a download. Therefore, in my view, there is a reasonable likelihood that my admittedly modest antimalware measures can easily be breached.
Any such breach would totally negate whatever super-sophisticated security measures might happen to be in place anywhere else, including in “the cloud”.
My pens have yet to be compromised or corrupted by malware although one of them did run dry the other day.
