The attached article is from IEEE computing now and has been peer reviewed. It addresses how USA and European banking laws protect customers from banking fraud. Please read this article if you are concerned about wire transfers as a way to receive payments - checks are not widely used outside of the USA and are very expensive.
You can also read the story directly here (as long as it will be online):http://www.computer.org/portal/web/computingnow/content?g=53319&type=article&urlTitle=is-everything-we-know-about-password-stealing-wrong-&lf1=496402417c186916008438a6415978
Please note that the "Nigerian banking scams" and similar schemes normally require people to go in person to the bank and sign a transfer. This removes the protections of electronic transfers (as discussed in the article).