Re: security at banks

From: Barry Margolin (barry.margolin@level3.com)
Date: 02/26/03


From: Barry Margolin <barry.margolin@level3.com>
Date: Wed, 26 Feb 2003 15:34:35 GMT

In article <3e5c904c$0$23908$8fcfb86b@news.wanadoo.nl>,
Ruben Bosch <junkmail@rubenbosch.tk> wrote:
>How safe are banks?
>However they have several gadgets to make internet banking safe, can a
>hacker get in to a bank and steal our money?
>I need some info about it for school. However banks garanté that it's safe.
>I still don't believe them.

Since perfects security isn't possible, they generally supplement it with
insurance. In the US, most banks are insured by FDIC, which guarantees to
replace accounts worth up to $100,000.

-- 
Barry Margolin, barry.margolin@level3.com
Genuity Managed Services, Woburn, MA
*** DON'T SEND TECHNICAL QUESTIONS DIRECTLY TO ME, post them to newsgroups.
Please DON'T copy followups to me -- I'll assume it wasn't posted to the group.


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