ABA to create standards for online authentication

Jamie C.Pole jpole at jcpa.com
Mon Jul 12 23:57:01 UTC 2004




> David Bell, Chief Executive of the ABA, said:  "Online banking systems 
> are
> secure and have not been hacked.


Oh, yeah?  This guy is on dope if he actually believes that...

While I will grant that online banking systems are among (maybe 
amongst?) the most secure that we deal with, to say that they have not 
been hacked is pure fantasy.  Even in Australia.

Jamie

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