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Same thing you tell them if someone accessed their computer and transferred money out of their bank account. "Secure your [stuff]."
by bo1024 14y ago
Same thing you tell them if someone accessed their computer and transferred money out of their bank account. "Secure your [stuff]."
- ceejayoz 14y agoThat's actually not what a bank typically tells you in that situation, so you've sort of proved the point.
- DanBC 14y agoBanks are happy to tell people that "chip and pin" credit cards are secure, and thus any transactions on them cannot be fraudulent. In England there's a voluntary code to protect consumers; that code says that the burden is on the bank to prove that transactions are not fraud. Banks were using chip and pin as "proof" that the transactions were fraud. (http://www.cl.cam.ac.uk/~sjm217/papers/oakland10chipbroken.pdf http://www.cl.cam.ac.uk/~sjm217/papers/oakland10chipbroken.p...) This is all a tangent to the security of Bitcoin. Bitcoin is horrifically insecure, and there are no trustworthy banks for Bitcoin.
- jtbigwoo 14y agoThe bank would try to work with you to investigate and possibly reverse the transaction and refer your case to law enforcement. (Wire transfers cannot be reversed, but EFT payments often can.) A bank would most certainly not say, "secure your stuff" and leave it at that.