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by battery_cowboy 2284 days ago
I think what they are saying is that in the banking system is nearly impossible to steal someone's life savings via a hack and get away with it, or at least if you do they have insurance at the brokerage to cover it.
2 comments

And what I was saying was that is probably true, but I'm not sure what would happen with a similar hack only aimed at the guarantor.
True like in CC they've guarantees against such unauthorised usages
You'll be surprised how many people bank accounts get drained.
Without recourse? I am ready to be surprised. Could you give me more information with sources?