How Secure Is SunTrust Online Banking?
The first thing you will see when you go the SunTrust online banking
webpage is the form to register or sign in. Other banks have their new
mortgage rate offers splashed all over their front pages with new ways
to save money also taking up most of the space. But SunTrust gets
straight to the point. They want you to sign in and then decide what to
do yourself. They call this a new "time-saving" feature.
Many customers hope this new setup is more reliable than the service
that they were offering nearly a year ago. Back in December 2004, a
hacker actually managed to break into many customer accounts on the
SunTrust website and send "phishing emails" to the customers that use
the SunTrust online banking services. The emails looked authentic
because they had come straight from the SunTrust website; needless to
say, many people fell into this trap before anyone noticed the error.
Not long after it was reported, many people added articles to their
websites to inform SunTrust customers about the threat to help them
avoid becoming a victim of fraud.
They have picked themselves up since then and have tightened their
security significantly. The services they now offer on their online
banking website allow you to contact their customer support center
through an email. They also have a feature that will alert you each
time you have a pending money transfer waiting; this is a smart feature
that allows the customer to check the transfer thoroughly before
accepting or declining it.
Overall the service that SunTrust offers is high quality. They allow
you to keep multiple accounts on your profile; and they are always kept
up to date. Hopefully the security problems are behind them and they
can move on without worry of future break-ins.
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