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Comment ATM Security (Score 1) 167

There are only a handful of organizations that host ATM networks. They frequently publish and impose audits to ensure the money is safe. As we all know, technology and its conveniences make life a lot smoother for us. Thus, I will continue to use electronic mediums to transact business to prevent standing in a bank line...As one individual posted, let enough people get ripped off and you will see the situation addressed (paraphrased). Of course, you can count on one thing for sure, if an official in Washington is a victim of electronic fraud through the use of an ATM, you can bet, ATMs will become more regulated. However, a word of caution, I'd rather have private corporations ensure ATM networks are secure for electronic exchanges instead of the government. History shows that more penetration comes from within their (government's) confines instead of the general public overall.

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