Slashdot is powered by your submissions, so send in your scoop


Forgot your password?
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
User Journal

Journal WebHostingGuy's Journal: Save two dollars here, lose a million later

As reported by MSNBC banks are losing millions because they are not performing an important security check. This flaw lets phishers print their own ATM cards and withdraw cash. Gartner Inc. reports one bank lost one million dollars last month due to this fraud. I wonder how much they actually saved by not implementing this check when the programs and ATMs were rolled out?

This discussion has been archived. No new comments can be posted.

Save two dollars here, lose a million later

Comments Filter:

"This generation may be the one that will face Armageddon." -- Ronald Reagan, "People" magazine, December 26, 1985