Do you feel that doing personal banking transactions over the internet using a wireless network is secure enough?
Bruce Schneier, one of the most well-known security experts out there today had this to say about this in an article with the New York Times: “What you’re really asking me is about the security. No one steals credit card numbers one-by-one, by eavesdropping on the Internet connection. They’re all stolen in blocks of a million by hacking the back-end database. It doesn’t matter if you bought something over the Internet, by phone, by mail, or in person — you’re equally vulnerable.” Point being, your data is on dozens of company’s hard drives and is much more likely to be stolen along with a million other people’s information than someone sitting outside your house in a shady van snooping on your Wi-Fi connection. In fact he doesn’t even encrypt his home Wi-Fi router. From the same article: “I run an open wireless network at home. There’s no password,
Related Questions
- What kind of Internet security does your service provide, i.e. "I don feel comfortable doing business transactions over an unsecured wireless signal when using my laptop service."?
- Do you feel that doing personal banking transactions over the internet using a wireless network is secure enough?
- Which browser is safer for online transactions, especially banking sites - Internet Explorer 8 or Firefox 3.5?
