Previous posts in this discussion:
PostIs Online Banking at Risk? (John Heelan, -UK, 04/01/15 6:26 am)
JE commented (1 April) about the impact of a failure of the Internet: "Specifically, what if the Internet melts down? [What about] losing your bank account?"
Many very experienced IT dinosaurs like myself avoid online banking like the plague because we do not believe it is secure enough, despite the protestations of bankers--they would say that, wouldn't they, to protect their profits?
In the real world where there is the combination of low-paid employees and money, crime is not far behind--the trinity of motive, method and opportunity. Third-world call centres are particularly prone and I personally will not do business with companies that have such offshore centres and are outside UK law. (I explored with a government minister the liability of a UK company for losses incurred by malfeasance in an offshore call centre. He replied that as long as the company had taken "reasonable" precautions in checking the offshore call centre's security at the time of contracting with it, they were not liable.)
JE comments: My solution: pigeon-based banking! But in the meantime, check your on-line money activity often. I try to do so every day.