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0
votes
1answer
106 views

Is it possible that the same VISA debit card numbers could be issued to different people by different banks? [closed]

I'm wondering if is it possible that the same VISA debit card numbers could ever be issued to different people by different banks or companies?
0
votes
1answer
59 views

Do normal SMS risks apply to DigiCel mobile banking? What mitigations are likely in place?

In this interview with Bill Gates and Bill Clinton, they discuss their work with Digicel, who I assume is this company, to enable mobile banking with normal KYC protections. This site is full of ...
3
votes
1answer
187 views

Is TLS 1.0 sufficiently secure for a bank?

I disabled SSL2 and SSL3 in my Firefox browser, version 24. I only enabled TLS 1.1 and 1.2. Unfortunately when I went to my bank's website, I found that it didn't work until I re-enabled TLS 1.0. ...
-2
votes
1answer
162 views

How much can you trust a (banking) site after it spams you? [closed]

How much can you trust a company that send you spam ? Many people, after registering with Moneybookers(Skrill) started to receive spam that included their real name (as inputted in Moneybookers ...
5
votes
1answer
51 views

What security controls should be in place for online updates of user's correspondance address?

Addresses are one of the key pieces of security information for an account. They're used for authentication, determine where statements go, and changing an address on an account provide enough ...
-1
votes
1answer
182 views

Is .bank owned by banking industry or not? [closed]

According to https://idc-insights-community.com/financial/financial-services-technology/the-four-letter-word-that-could-change-the-busines Banking Industry was lobbying for .bank But as I read this ...
1
vote
1answer
191 views

Why does Paypal send TWO verification payments not just ONE?

The process would be easier if there was only one payment, but there must be some security or financial reason for Paypal to send you two random payments
2
votes
2answers
602 views

Keeping valuable algorithms secret

Given a securities trading algorithm that is very effective and thereby very valuable, how do you keep it secret and protect it from theft or copying? What techniques or architecture is the best? The ...
11
votes
8answers
9k views

Is it possible to steal money directly from the systems of a big bank?

Sometimes I imagine: My money in the bank is just a floating point number in a mainframe's memory... So, if I just change 1 bit, I will win a lot of money... The most common way to steal money in ...