On Tuesday 28 October 2008 03:44 am, Chris Penn wrote:

> an interesting question asked in the mint forum
> http://forums.mint.com/showthread.php?t=823
> "What liability or insurance does Mint have in the event that Mint is
> hacked and my financial details are revealed to the attacker, through
> no fault of my own? "
>
> Answer
> http://forums.mint.com/showthread.php?t=703
> "Regulation E, which is a set of rules issued by the Federal Reserve
> governing electronic transactions(online banking, ATM withdrawals,
> debit card payments …) limits your liability in most cases to $50 in
> the event of fraud. Consumers must notify their bank of the fraud
> within 2 business days. On the third day the liability goes up to
> $500 and it can be more if notification occurs after 60 days."

The answer, then, really appears to be: "None".

Note there is most likely no definitive law regulating third party sites 
except that since they're a California company they must notify me if 
the information wasn't kept on their systems in encrypted form.

Ugh.

Jeff
-- 
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