Now That Is A Bank Raid!
There are reports from the United States about what must rank as the world’s biggest bank robbery. The story is on France24 here. Here’s the opening paragraph.
Cyber thieves around the world stole $45 million by hacking into debit card companies, lifting withdrawal limits, and helping themselves from cash machines, US authorities said Thursday.
It just shows how you should carefully monitor your bank account.
I think it also shows, that your money is probably safer in an account or securities, where it is working hard. After all, suppose you have money in a deposit account, in the same bank account, as your main current account, a crooked bank employee could perhaps hack your account, move the money to your current account and get his friends to withdraw it from cash machines with forged bank cards. It may seem to be an unlikely scenario, but when the truth comes out from this mega-robbery, it might be only one step away from a scenario the banks believe can’t happen.
A bank is only as secure as its weakest link. As we’ve seen over the last few years, they have found a few of those. But how many more are there?
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