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by 4ad 3544 days ago
But the bank follows the regulations that tell it to give me all my money back, if there's some fraud. I don't have any money to lose if the bank does not implement security properly. Only the bank has to lose.
1 comments

They'll refund you after you've already lost the money, or the attacker might use the bank details as part of larger-scale identity theft that might come to leave you in hot water with law enforcement if he uses your identity to commit a crime. All that inconvenience is your own loss, and the bank paying damages for that doesn't really "fix it"
>leave you in hot water with law enforcement if he uses your identity to commit a crime.

Officer Friendly: His social security card was found at the scene, so Mr.Smith must be guilty!