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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank
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To: TLindt who wrote (80)3/12/1998 7:31:00 AM
From: Les White  Read Replies (1) of 2414
 
Thanks for posting the GAO report link.

Security appears to be their biggest concern.

It looks like banks are so afraid of bad publicity that it is almost impossible to find out about breeches of security. And, of course, you never hear about it from the customer.

I doubt that would be the case with an internet bank. One foul up and you've got someone creating a web site about it. It can eventually get enough publicity to make into some main stream media. This happened to Iomega. Didn't seem to hurt them too much. Online banking might be more vulnerable to this type of smear tactic, though.

Edify provides the software for AIB and I believe NCR operates the site at their facilities. I hope they have done their homework on security systems.

Any software engineers care to comment?

Les
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