Internet banking? no thanks
Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Internet banking? no thanks

  1. #1
    Super Moderator: GMT Zone nihil's Avatar
    Join Date
    Jul 2003
    Location
    United Kingdom: Bridlington
    Posts
    17,178

    Internet banking? no thanks

    This is an article about an Indian internet banking scam:

    http://www.mid-day.com/news/2008/oct...e-Internet.htm

    I have never trusted the concept myself............ hard enough to stay reasonably safe with traditional methods IMO. What are your thoughts/experiences?

    Incidentally, a "crore" is 10,000,000 and a lakh is 100,000

    But I am sure that you all knew that anyway
    If you cannot do someone any good: don't do them any harm....
    As long as you did this to one of these, the least of my little ones............you did it unto Me.
    What profiteth a man if he gains the entire World at the expense of his immortal soul?

  2. #2
    Only african to own a PC! Cider's Avatar
    Join Date
    Jun 2003
    Location
    Israel
    Posts
    1,683
    I do some Internet banking but I dont have enough funds for someone or a syndicate to be interested.

    If the bank cant have their own security up to date to stop this from happening then they must refund what gets nabbed.
    The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it.
    Albert Einstein

  3. #3
    THE Bastard Sys***** dinowuff's Avatar
    Join Date
    Jun 2003
    Location
    Third planet from the Sun
    Posts
    1,247
    http://home.ingdirect.com/

    I use it - interest rates are better than local Banks
    09:F9:11:02:9D:74:E3:5B8:41:56:C5:63:56:88:C0

  4. #4
    Junior Member
    Join Date
    Jun 2005
    Posts
    16
    It always comes down to the weakest link, the people, the people who don't keep their security up to date and get a trojan or the people who code crappy banking software.

    I use Swiss Bank's online only because of the extra physical verification to just open an account and two-factor +RSA key to do online banking, I get all the world markets for stock trades, banking, and exchange tools all in one place.
    sudo

  5. #5
    Only african to own a PC! Cider's Avatar
    Join Date
    Jun 2003
    Location
    Israel
    Posts
    1,683
    Quote Originally Posted by dinowuff View Post
    http://home.ingdirect.com/

    I use it - interest rates are better than local Banks
    OK Now I might go off topic. I have always been interested in setting up an "overseas" bank account. Some place I can flood my monies too without it being traced of whatever.

    No seriously can someone point me in the right direction. Could I just hop on to a bank website of my choice, open an account over the net and then transfer funds from my bank in SA here? Is this possible?

    I know it might be a stupid question msut I am very interested in this

    Thanks.
    The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it.
    Albert Einstein

  6. #6
    THE Bastard Sys***** dinowuff's Avatar
    Join Date
    Jun 2003
    Location
    Third planet from the Sun
    Posts
    1,247
    If it's a legit online bank, There will always be a trace.

    How most online banks work is you give them your account and routing information and transfer the funds from your current bank to the online bank.

    Rate conversion is usually your problem. Be careful when depositing and withdrawing, you could loose your ass on the rate conversion depending on the banks conversion rules.

    Now as to hoping on line and opening an account. Nothing personal here but with out a substantial investment up front, I doubt any over seas bank will give you the time of day "On-Line".
    09:F9:11:02:9D:74:E3:5B8:41:56:C5:63:56:88:C0

  7. #7
    Only african to own a PC! Cider's Avatar
    Join Date
    Jun 2003
    Location
    Israel
    Posts
    1,683
    Sigh so basically if I dont have say maybe $10k then its a no go.
    The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it.
    Albert Einstein

  8. #8
    THE Bastard Sys***** dinowuff's Avatar
    Join Date
    Jun 2003
    Location
    Third planet from the Sun
    Posts
    1,247
    I don't know. Your location says S.A. and if that's correct, well - again not trying to offend, but banking scams originating from the African Continent are a dime a dozen.

    I'm pretty sure you would have to open accounts in person with lots of identification
    09:F9:11:02:9D:74:E3:5B8:41:56:C5:63:56:88:C0

  9. #9
    Junior Member
    Join Date
    Oct 2008
    Posts
    11
    I figured out that if I don't put all my savings online, losing a little doesn't really hurt a lot. And I trust the banks pretty well too.

  10. #10
    Only african to own a PC! Cider's Avatar
    Join Date
    Jun 2003
    Location
    Israel
    Posts
    1,683
    Hi there,

    Yes from South Africa. I can understand your statement concerning scams. Nigeria is the capital of Banking scams.

    So basically there is no way for me (average joe) to hop online, open up an account and transfer money in there?
    The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it.
    Albert Einstein

Similar Threads

  1. How to get: Banned from the internet.
    By jinxy in forum Tech Humor
    Replies: 2
    Last Post: October 7th, 2005, 01:25 PM
  2. Internet Explorer URL Spoofing Vulnerability
    By anjali in forum Microsoft Security Discussions
    Replies: 2
    Last Post: February 16th, 2004, 06:24 PM
  3. Internet Preverts you?
    By MrLinus in forum Cosmos
    Replies: 3
    Last Post: February 2nd, 2004, 03:01 PM
  4. Newbies, list of many words definitions.
    By -DaRK-RaiDeR- in forum Newbie Security Questions
    Replies: 9
    Last Post: December 14th, 2002, 07:38 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

 Security News

     Patches

       Security Trends

         How-To

           Buying Guides