[19106] in cryptography@c2.net mail archive
Re: [Clips] Banks Seek Better Online-Security Tools
daemon@ATHENA.MIT.EDU (Ian G)
Mon Dec 5 10:12:00 2005
X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
Date: Mon, 05 Dec 2005 09:24:04 +0000
From: Ian G <iang@systemics.com>
To: mis@seiden.com
Cc: dan@geer.org, "R. A. Hettinga" <rah@shipwright.com>,
cryptography@metzdowd.com
In-Reply-To: <20051204053314.GA29237@c3.seiden.com>
mis@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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