Increasing news of any company using credit card transactions are causing a scare on the people -- since the leaked information also contains not only very basic information about the person -- but more detailed stuff such as your security questions/answers as well as in certain cases your SSN, places you have lived, etc.
The problem is at the very core, these bankers don't know how to keep anything secure -- at all. They can't and won't do it. Why trust them with YOUR information AND currency when countless times they keep failing. It is too late for most of us, but not our kids.
At least with Bitcoin, hackers take the coins and nothing else. That information/currency/value is 100% separated from transactions since we have the network. This is impossible with the banking systems in play today.
Bitcoin is here again ready to spin a new pop up word.
Enjoy the ride.
The problem is at the very core, these bankers don't know how to keep anything secure -- at all. They can't and won't do it. Why trust them with YOUR information AND currency when countless times they keep failing. It is too late for most of us, but not our kids.
At least with Bitcoin, hackers take the coins and nothing else. That information/currency/value is 100% separated from transactions since we have the network. This is impossible with the banking systems in play today.
Bitcoin is here again ready to spin a new pop up word.
Enjoy the ride.
I personally think the corporations that allow their networks to be attacked where by confidential client information is stolen should be closed down for good because they obviously didn't think hard and good enough when it came to their security. Granted nothing is 100% full proof if it's properly managed and maintained the thread can be reduced drastically and the damage and or leak can be kept a very minimum.
Banks are nitorious for leaks. A friend of mine worked for CIBC on contract back when they were being investigated by the Securities for leaking confidential client information. What happen was CIBC had a bunch of NT 4.0 workstations that were still being used by others over their network, all the users on this network of machines had Administrator access, the person or persons who compromised the network stole a bunch of financial data that consisted of very sensitive data from a hard drive.
Almost all high-end printer/fax/copier machines have hard drives in them now, when your leased device go back to the manufacture the hard drive isn't properly disposed it and whoever buys your device next gets access to all the data you have scanned, faxed, and photocopied.
It's obvious that as human beings we don't have any high regards for protecting confidential information, so it's no surprise people get their bitcoin wallets hacked.
