Phone-based broker City ShareShop is warning about the dangers of unauthorised access in internet trading plus the dangers of websites collapsing in the event of mass traffic.
A couple of weeks ago Halifax caused a scare when investors could access other internet account holder details after a security breach due to a technology glitch.
City ShareShop managing director Tim Jenkins says: “I would not deal on-line at the moment. If the site goes down and you cannot sell your stocks you could be in trouble. Unauthorised access is also still an issue.”