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What would that breach look like? I'm asking sincerely, because I can't fathom what kind of data breach that would be that wouldn't be able to be "smoothed" in
by lbotos 9y ago
What would that breach look like? I'm asking sincerely, because I can't fathom what kind of data breach that would be that wouldn't be able to be "smoothed" in a mater of days.
- Black card number stolen? Card frozen.
- FDIC insured account attempted to be flushed. Banks flag and or fraud protected.
- yardie 9y agoBecause it won't pop up right away. It will show up when that line of credit taken out in your name goes into collections 90 days from opening. You should read up on the havoc that is caused with stolen identity. I'm not talking stolen credit cards, more like unknown judgements taken out against you and wage (in extreme cases, wage garnishments).
- WorldMaker 9y agoFDIC has a per-person insurance liability limit of $250,000 per bank. It's possible you could find an idiot with more than that in a single bank, presumably in CDs, with no other insurance coverage on it. You need some sort of strange reverse Nigerian Prince scheme to cash that out without a paper trail ("I'm executing his will and he explicitly stated to hand out all of his assets, damn the losses, as $20 bills and fresh turkeys to orphans and other passersby on Christmas Day." Maybe call it a "Christmas Carol scheme"?). It's unlikely to be worth the time investment in terms of being a useful bank robbery, but it certainly would send a weird message to someone.
- foobarbazetc 9y agoNo rich person is keeping money unprotected like that. Most banks offer FDIC maximization solutions.
- WorldMaker 9y agoHence the emphasis on "possible". But yes, an exceedingly unlikely confederation of dunces.
- rasz 9y agoNSA tap leak exposing phone recordings of all members of congress for the last couple of years.
- kalleboo 9y agoSomething that leaks Trump's tax returns?