Author Topic: Remember: Phantom Withdrawals DO NOT EXIST  (Read 864 times)

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Offline Alikchi

  • Neo-Terran
  • 210
  • Spooky ghost (RIP)
Remember: Phantom Withdrawals DO NOT EXIST
http://cryptome.org/pacc.htm

Here's a summation of the link: These people from Cambridge had been brought up as expert witnesses in a "phantom ATM withdrawal" case against Citibank. The prosecution asked them if the machines were as secure as they were supposed to be. They checked, and discovered that "a bank insider could crack a cashpoint card's PIN number on an internal bank network in an average of fifteen tries. One employee could saunter off with seven thousand ATM PINs in half an hour, making an easy $2 million out of their lunchbreak."
This is not the sort of thing that Citibank would like widely known. They have therefore commenced legal shutupshutup proceedings.

Apparently, ATM machines are fairly vulnerable.
"Going too far and caring too much about a subject is the best way to make friends that I know."
- Sarah Vowell

 

Offline Stryke 9

  • Village Person
    Reset count: 4
  • 211
Remember: Phantom Withdrawals DO NOT EXIST
Hmm.... summer job!

  

Offline Bobboau

  • Just a MODern kinda guy
    Just MODerately cool
    And MODest too
  • 213
Remember: Phantom Withdrawals DO NOT EXIST
Citibank...
hmmm, do they have any openings round here?
Bobboau, bringing you products that work... in theory
learn to use PCS
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DEUTERONOMY 22:11
Thou shalt not wear a garment of diverse sorts, [as] of woollen and linen together