Is Wifi a Security Risk?

Silicon news asks if Finance IT chiefs are still not taking wireless security seriously enough, with many wi-fi networks still operating insecurely.

Wireless networks are becoming increasingly popular because they mean staff don't have to be stuck at their desks with their PCs. Yet even in banking environments basic security precautions are still being forgotten, potentially opening up companies to hacking attacks

The report concludes: "Experts say worries about wireless security should be taken seriously, warning that identity theft is a risk as fake hotspots - masquerading as well-known brands - could be used to capture credit card, or usernames and passwords. RSA said it is impossible to know how many rogue hotspots are in existence as they tend to be deployed for short periods of time and are then removed."