[oclug] A credit/debit card reader for the home ??

Greg sphex at sympatico.ca
Tue Sep 29 13:35:04 EDT 2009


Canadian Bankers Association will doubtless argue that the word,
"mislead", has changed radically in the last few decades, and no longer
includes the notion, 'willfully fail to lead'.

It is important to ask, where and how Defence Intelligence Inc. obtained
its data.  Also, exactly what data it has, and whether that data infers
strongly or weakly (or at all) the conclusions it asserts.

It is prudent to assume that the Banks' security policies effectively
cover (statistically) their needs and protect them (statistically) from
outraged 'third parties'.

Arguing with corporations is like grappling with fandancers.


Greg


OddSox wrote:
> While we're on the subject of bank security, this report out today 
> looks a little troubling. The banks either have their heads in the 
> sand, or they're deliberately misleading consumers about how serious 
> this could be...
> 
>> Computers at a majority of Canada's big banks are infected with a 
>> malicious computer worm capable of logging keystrokes and stealing 
>> passwords, an Ottawa security firm has warned.
>> Defence Intelligence Inc. said yesterday it has been monitoring the 
>> worm dubbed Mariposa for five months and has watched it spread to 
>> machines at more than 50 of the top 100 Fortune 500 companies as  well
>> as Canada's banks.
>>
>> The Canadian Bankers Association said it is aware of the worm,  which
>> it believes has done little if any damage.
>>
>> But Christopher Davis, chief executive officer of Defence 
>> Intelligence, called Mariposa "a highly sophisticated piece of 
>> malicious software" that appears to be very selective in its targets.
>>
>> "We've detected compromised behaviour from hundreds of government 
>> agencies, financial institutions, universities and corporate  networks
>> worldwide, but surprisingly few home users," he said.
>>
> 
> http://www.montrealgazette.com/news/Worm+banks+computers+firm+warns/
> 2045119/story.html
> 
> 

-- 
Lots of people believe in freedom of choice,
especially the freedom of others to choose to do what they are told.


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