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Should we ask bankers, how do they secure the data and transactions?
by das monde on Tue Jun 11th, 2013 at 07:03:24 AM EST
[ Parent ]
Design carefully, encrypt everything, lots of firewalls, test a whole lot.

There is no rocket science involved in securing banking transactions. And in general, it's pretty secure. Almost all money leaks in banking systems are not actual security breaches these days, but social engineering scams.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Jun 11th, 2013 at 09:41:56 AM EST
[ Parent ]
eurogreen:
Design carefully, encrypt everything, lots of firewalls, test a whole lot.

And fix problems quickly when they appear. Also if possible keep the problems out of the public eye. Which makes it look safer then it is.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Tue Jun 11th, 2013 at 02:25:45 PM EST
[ Parent ]
And eat the bill for your own fuckups.

And most of your customers' fuckups too.

And, most importantly restrict access: A universal computer connected to the Internet is inherently unsafe, because the wetware can be tricked into overriding even the most stringent software controls.

There are two ways to make it safe: Either remove the wetware's ability to modify the programming in any material manner (unfortunately, this turns the device from a universal computer into a dumb console). Or disable the wetware's access to the Internet (unfortunately, this introduces the problem of who gets to censor your Internet traffic).

Smart corporate sysops will do both. But that is because most corporate machines don't need to be anything more fancy than dumb consoles, and almost no corporate machines actually need to have access to the Internet (as opposed to the child- and idiot-proofed playpen defined by your sysop's favorite censorware).

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Jun 11th, 2013 at 07:36:33 PM EST
[ Parent ]
Or people falling asleep.
The hapless employee appeared before an industrial tribunal in the state of Hesse today to explain his actions. He told the tribunal that he had intended to transfer €62.40 from a retired employee's account but "momentarily fell asleep" and ended up transferring €222,222,222.22.
by gk (gk (gk quattro due due sette @gmail.com)) on Tue Jun 11th, 2013 at 04:59:48 PM EST
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