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Many comments are saying how finance companies should do more authentication for large transfers and the common response for that is a few million transferred i
by noobermin 3y ago
Many comments are saying how finance companies should do more authentication for large transfers and the common response for that is a few million transferred is routine in that field and authentication of transactions the size of the onr quoted in the article would be impractical. The response to that then is if 25M doesn't matter enough to verify in some way then companies shouldn't cry when it's stolen. Then losing a few million here and there which apparently isn't worth authenticating the transfer of is just the cost of business. It's either worth the extra controls or it's like snacks in the rec room, not worth worrying about.
- TacticalCoder 3y agoIt's also usually just one more call to get the stolen assets frozen. If it's already "gone", it's not really "gone" and can be clawed back. Such headlines are usually followed, a few weeks later by an headline reading not unlike this: "Three indicted in scheme involving deep-fake to steal $25m".
- aaron695 3y ago[dead]