[funsec] Invasion of The Stock Hackers
gary at intrepid.com
Mon Feb 27 10:12:18 CST 2006
Dr. Solly queried:
> What were the safeguards? They aren't mentioned in the article.
Well, I didn't say they were _effective_ safeguards. <g> This part,
The New York-based online broker says the wire instructions appeared
to be legit because they contained the security code the company
e-mailed to Murty to execute the transaction.
In retrospect, E*Trade needed a better protocol for verifying identity
before accepting the request to transfer money directly into a checking
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