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

(IN)SECURE Magazine issue 45 released

(IN)SECURE Magazine is a free digital security publication discussing some of the hottest information security topics. Learn about personal data bankruptcy and the cost of privacy, security and compliance, delivering digital security to a mobile world, and much more.


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

Tue, Mar 3rd
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //