[Clips] Banks Seek Better Online-Security Tools
Ian G
iang at systemics.com
Mon Dec 5 04:24:04 EST 2005
mis at seiden.com wrote:
> dan, maybe you should just keep less money in the bank.
>
> i use online banking and financial services of almost every kind
> (except bill presentment, because i like paper bills). i ccannot do
> without it.
>
> it seems to me the question is how much liability do i expose myself to by
> doing this, in return for what savings and convenience.
That part I agree with, but this part:
> i don't keep a lot of money in banks (why would anyone?) -- most of
> the assets are in (e.g.) brokerage accounts. at most i'm exposing
> a month of payroll check to an attacker briefly until it pays some
> bill or is transferred to another asset account.
George's story - watching my Ameritrade account get phished out in 3 minutes
https://www.financialcryptography.com/mt/archives/000515.html
Seems like a hopeful categorisation!
iang
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