Electronic checks: how secure are they?

Monday, 3 November 2003, 9:56 AM EST

There's no doubt about it: Computer technology makes life easier for con artists and identity thieves. Last month, with great fanfare, the U.S. Federal Reserve rolled out its redesigned twenty-dollar bill, citing among other reasons for the new currency the fact that criminals can now scan and print counterfeit bills using low-cost computers and color laser printers.

While the government slowly tackles piracy of our currency, there's another form of monetary transaction that is equally vulnerable: the personal check. It, too, is about to change because of the capabilities of computers, though I wish the event had received as much publicity as the new twenty.

[ Read more ]

Related items




Spotlight

What can we learn from the top 10 biggest data breaches?

Posted on 21 August 2014.  |  Here's a list of the top 10 biggest data breaches of the last five years. It identifies the cause of each breach as well as the resulting financial and reputation damage suffered by each company.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Aug 22nd
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //