From: "Lan Barnes" <[EMAIL PROTECTED]>
On Thu, August 2, 2007 2:06 pm, Gabriel Sechan wrote:
> Seriously, hyperbole much? Trillions of dollars? If it was millions,
we
> would have heard about it. Hacking is not easy. And once you get
access
> to
> the machine, you still need to figure out where the data is, how to
access
> and change it, additional layers of security, etc. Hacking a bank
without
> inside help is next to impossible. You may be able to get personal info
> and
> use that to do a bank scam, but transfering money to another account?
> Highly unlikely.
>
> Gabe
>
>
I sort of agree with you and sort of don't. I can't see trillions of $s,
even digital, reserve fractional, debt-based dollars, going missing
regularly w/o a tremor in the Force.
OTOH, I worked in the NT financial sector for years, and although it as
insider urban legend, it was commonly accepted that banks have been ripped
off for millions with computer hacking ONCE PER HACK. The banks would
rather cover it up that lose their image of complete safety. That illusion
is all that keeps them afloat.
They do, however, plug the holes. Thus we were taught, anyway.
Oh, I can believe they'd cover up a million or two. But I don't believe
that its a common occurence. A rare occurence, with a lot of insider
help/knowledge. I could buy this happening a few times a year, to different
banks. But even if its just a million, if it was happening once a month it
would be hard to hide in the bottom line.
Gabe
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