Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

If The NSA Can Hack Your Bank Account, Who Else Can?

Tuesday, September 10, 2013 - 3:44 PM
From CNNMoney
Revelations that the National Security Agency can break through web site encryptions and access huge amounts of personal data has raised questions about how safe our day-to-day financial dealings really are.

Read more
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Tuesday, September 10, 2013 - 7:55 PM
Anyone who works at the bank can get into your account. Anyone who contracts with a bank and are given information can hack into your account. That is why all employees are bonded and insured. A contract company had employees that took a lot of information from the bank customers accouts a few years ago and now mostly only bank employees do work for the bank are contracted to do extra work with customers accounts. It is best to opt out of everything when given the chance. This only means they will not call you but does not stop them from getting into your account. When you call the bank or credit union about your account they get into it immediately to see what the problem is. Anyone can do this. Bank and credit unions security systems are broken into many times. Read the articles in the papers about money that is missing from accounts. Not a sure proof system. 

Bloomberg wrote an article in 2011 that stated  1 billion is hacked each year from small and mid sized banks. Did not even estimate the money stolen from accounts of the big banks.

Ally6770Ally6770942 posts since
Jan 16, 2010
Rep Points: 2,740
2. Wednesday, September 11, 2013 - 6:52 AM
NSA sets all the encryption standards, need I say more?
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
3. Thursday, September 12, 2013 - 9:23 AM

The full faith and credit of the united States. 

That is what keeps monopoly game going. 

The day people stop trusting. 

It is game over. 

Faith is the basic foundation holding up the global fiat monetary system.



MikeMike327 posts since
Feb 22, 2010
Rep Points: 876