funsec mailing list archives
Re: can't get to the hackers? sue the banks instead.
From: phester <funsec () armorfirewall com>
Date: Sun, 23 Aug 2009 19:50:00 -0400 (EDT)
On Sun, 23 Aug 2009, The Security Community wrote:
Didn't the press used to call it "credit card fraud" before "teh Internets" came along? Calling it "identity theft" seems to shift the focus to the victim instead of the merchants and banks, where it belongs. In fact, as I recall "bank phishing" exploded at the same time CitiBank started those cutesy ID theft commercials (like http://www.youtube.com/watch?v=KERwnA8VfFM), which was roughly mid-2004. It was the perfect opportunity at the time. That ad campaign set people up to expect "warnings" and "alerts" from their banks and they fell for it en masse. It was a small step from phishing to pharming and the whole criminal credit card fraud industry exploded after that. Why not sue the bastards?
Exactly. It should be called "Criminally Negligent Systems Administration." The banks voided their claim of protecting customer privacy when their negligence compromised the privacy of several millions of their customers. One good suit can shift the burden and costs of "identity theft" back where it belongs, on those who failed to keep the information secure. _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
Current thread:
- can't get to the hackers? sue the banks instead. Ali, Saqib (Aug 23)
- Re: can't get to the hackers? sue the banks instead. The Security Community (Aug 23)
- Re: can't get to the hackers? sue the banks instead. phester (Aug 23)
- Re: can't get to the hackers? sue the banks instead. Rich Kulawiec (Aug 24)
- Re: can't get to the hackers? sue the banks instead. G. D. Fuego (Aug 24)
- Re: can't get to the hackers? sue the banks instead. The Security Community (Aug 23)