Banc of America Article

Wed Jan 29 18:19:08 UTC 2003

On Wed, 29 Jan 2003, Al Rowland wrote:

> Or,
>
> IIRC, the ATM system is similar to CC transactions. A best effort is
> made to authorize against your account (Credit Card or Banking) but if
> it fails and the transaction is within a normal range (your daily card
> limit) the CC/ATM completes the transaction.

So you're telling me that if I go to Kwik-E-Mart, cut the wires, put my
card with a $0 balance in it will happily let me withdraw money?  Somehow
that doesn't sound right.  How would it know my PIN, or would it assume I
entered it correctly?  How would it know my daily card limit?

Charles

> Best regards,
> ______________________________
> Al Rowland
>
> > -----Original Message-----
> > From: owner-nanog at merit.edu [mailto:owner-nanog at merit.edu] On
> > Behalf Of Leo Bicknell
> > Sent: Tuesday, January 28, 2003 8:03 PM
> > To: nanog at merit.edu
> > Subject: Re: Banc of America Article
> >
> >
> >
> > FWIW:
> >
> > http://www.washingtonpost.com/wp-dyn/articles/A57550-2003Jan28.html
> >
> > "About 13,000 Bank of America cash machines had to be shut
> > down. The bank's ATMs sent encrypted information through the
> > Internet, and when the data slowed to a crawl, it stymied
> > transactions, according to a source, who said customer
> > financial information was never in danger of being stolen."
> >
> > --
> >        Leo Bicknell - bicknell at ufp.org - CCIE 3440
> >         PGP keys at http://www.ufp.org/~bicknell/
> > Read TMBG List - tmbg-list-request at tmbg.org, www.tmbg.org
> >
>