Wednesday, May 19, 2010 - 7:54 AM

Treasury doesn't offer protection for unauthorized fund transfers

This was mentioned as the reason for TreasuryDirect's rigorous security system in this Bankrate.com article. The article provides pros and cons for storing your savings bonds online.

KenBDG5,138 posts since
Nov 29, 2009
Rep Points: 116,950

1. Wednesday, May 19, 2010 - 5:56 PM

This is why I always am a bit skeptical about virtual account information. All that is needed is for a ZAP to occur with no backup and your money evaporates into cyberspace.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,952