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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: peter michaelson who wrote (14760)2/26/1999 11:17:00 AM
From: Erik Lundby  Read Replies (2) of 122087
 
That is correct. 127.0.0.1 is a loopback IP address referring to the local NIC on a pc. The program that runs is like a proxy server that grabs the data from si when you request it and reformats it to display it in a more useful manners. It needs to ask you for your password because you are logging on through this program to si. Since SI doesn't bill on a monthly basis, there would be no reason for them to store your credit card where you can change it. I think it was only a one time charge right? I honestly don't know since I have had my membership since before they started charging. If that is the case giving out your password to someone wouldn't make them any more likely to get your CC number than not giving it out. And while I am ranting on net security, If someone does get your credit card number, You are not liable for fraudulent charges that they would make anyway. It amazes me that someone who worry's about using their credit card to make an on-line purchase will give it to someone they don't know at a restaraunt who leaves with the card could copy down the information and could give it to any number of people before returning it to them. You may trust the restaraunt but how about every waiter at the restaraunt. He would only have to wait a few months before using it to take suspicion away from himself. Anyway, the bottom line is that YOU ARE NOIT LIABLE FOR CREDIT CARD FRAUD! It is much easier to get a charge reversed if someone scams you than to try to get your money back for the check they sent you. Well, I apalogize to everyone for my rant but that is my 2 cents on Credit Card Fraud.

Thanks,

Erik
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