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Federal Reserve To Use Internet For Money Transfer

Posted by ryuzaki0 on from the target-rich-environment dept.

An anonymous reader writes "According to the New York Post, the Federal Reserve (i.e. Alan Greenspan and Co.) is going to change the way that it transfers money between banks so that transfers now take place over the internet instead of via a private banking network. They aren't specifying the types of security measures that will be used (security through obscurity?) Am I the only one who thinks that this is a very bad idea? Might a DDOS attack on the Fed's computers bring down the entire banking system?" The banks have put some thought into security.

7 of 318 comments (clear)

  1. Anyone... by Anonymous Coward · · Score: -1, Troll

    who attempts to hack this system should be tortured and put to death, IMO. the federal reserve is what props up our socialist economy.

    BAN LINUX

  2. Re:First transaction by Anonymous Coward · · Score: -1, Troll

    which Mod-On-Crack(tm) modded this troll?

    get a fucking life you retarded prick.

    (p.s. THIS is troll)

  3. the article sucks by Anonymous Coward · · Score: -1, Troll

    no, i didnt read it either. its just so YAAAAWWWNNN!!! flush it malda!!! put up some real news u dipshit...

    TRoLL.

  4. Re:First transaction by Anonymous Coward · · Score: -1, Troll

    dunno, but I know you're a pathetic fucktard.

  5. what a tard by Anonymous Coward · · Score: -1, Troll

    I've long suspected that the reason why /. moderation system is badly broken is because of lowlife, immature cocknozzles like you. Now I know I've been right.

  6. Re:Possibly. by Anonymous Coward · · Score: -1, Troll

    Oh, because you did? Great job, fucktard.

  7. Re:VPN and PGP encrypt! by Anonymous Coward · · Score: -1, Troll

    Holy crap! That's exactly what this story is about! Thanks for pointing that out, with out your help I just know it would have gone over my head.

    Fucktard.