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by trollfighter
4462 days ago
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BofA and Wells Fargo suffer from account number enumeration. Wells Fargo has 10-11 digit (depending on if it's WF or previously Wachovia) account numbers. One portion defines the bank branch where the account was opened, another portion defines the account type, and the last digit is a check digit. You can guess at an account number by attempting a deposit (in person or online). There's also the fact that BofA and Wells Fargo have account numbers displayed in cleartext on pieces of paper that are handed to strangers. I'm not arguing the merits of Coinbase's security, but traditional banks don't fare well either. Coinbase can improve. Traditional banks are limited by standards that they can't change. |
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