> I mean if the Nasdaq, NYSE or prime broker ever got hacked, no one would expect to suddenly loose all their shares, or cash held with their prime broker. Act

> I mean if the Nasdaq, NYSE or prime broker ever got hacked, no one would expect to suddenly loose all their shares, or cash held with their prime broker. Actually, banks get hacked and lose cash. Permanently. It happens rarely, but it happens. For example in this SWIFT hack authorities were able to recover only $18 out of $81 million with the remainder $63 million permanently lost: https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery