PNC Bank takes proactive step on phishing

PNC Bank of Pittsburgh has noticed phishing emails bearing its name floating around, and is warning customers about it.

All I can say is “right on” – it is always good to see financial institutions taking proactive steps to protect their customers (particularly as the bank winds up paying for it in the long run, and passing the costs of fraud onto all customers in the form of higher rates and fees).

I’ve noticed other banks trying to head this problem off; CompassBank puts fraud warnings on their login pages, and Bank of America has gone with a funky multi-step login process, complete with image identification, that would be damn hard for a phisher to duplicate.

Now if my bank would only do the same.

***UPDATE***

You could also say it’s about time they got off their asses – bank attacks have surged in past year.

***UPDATE 2***

I guess I should be glad I don’t bank at the NAB. Now that I think of it, I was always a Westpac kinda guy anyway.