Of course, it’s in the banks best interest to protect our money, or we might just take our business elsewhere, and they know that. It’s a fine balancing act they have, and it’s important that we play a bigger role in preventing cyber fraud.
We cannot say for certain whether this was a hack or an outage but we can assume that many consumers will be questioning the security and stability of GoDaddy for some time to come. If it’s true, he has completed one of the largest successful hacks in history.
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Arguments for the new agency say that it is desperately needed as banking regulators have not fairly protected consumers
The New York Times pubished an article yesterday which has a kind of tongue-in-cheek approach to the data theft which has been taking place at companies around the United States and Canada. A survey of 484 United States-based information technology departments within business or governmental organizations…found, among other things, that more than half of corporate …