Hacker thought:
Some banks (type A) look out accounts and detect unusual transactions, protecting the legitimate owner. Other banks (type C) don't. Type B banks stand somewhere in the mid-range.
Ok, were I be a criminal in money laundering (hey!, it's not the case;) ), I would be interested in getting account details belonging to Type C banks. Type B would mean jeopardize the criminal business; Type A is a suicide.
Congratulations:) . Your bank seems to be of Type A.;)
Exactly. Moving money through different neglected bank accounts -> More difficult to track fraudulent activities.
This is an clue to the question "I wonder how often they pay more for the bank account than is actually in it?"
The beauty is... that people moving money through these accounts are other victims (mules). Scam fraud, for example.
I don't know why you are scored only 3. This has been documented in some book...
Ideas like this one are already deployed in some banks to fight phishing, at least.
'Honeypot or fake bank accounts' to LOG.
The main purpose: to protect 'non-fake' accounts, the real clients.
Slashdot Mirror
Hacker thought: Some banks (type A) look out accounts and detect unusual transactions, protecting the legitimate owner. Other banks (type C) don't. Type B banks stand somewhere in the mid-range. Ok, were I be a criminal in money laundering (hey!, it's not the case ;) ), I would be interested in getting account details belonging to Type C banks. Type B would mean jeopardize the criminal business; Type A is a suicide.
Congratulations :) . Your bank seems to be of Type A. ;)
Exactly. Moving money through different neglected bank accounts -> More difficult to track fraudulent activities. This is an clue to the question "I wonder how often they pay more for the bank account than is actually in it?" The beauty is... that people moving money through these accounts are other victims (mules). Scam fraud, for example. I don't know why you are scored only 3. This has been documented in some book...
Ideas like this one are already deployed in some banks to fight phishing, at least. 'Honeypot or fake bank accounts' to LOG. The main purpose: to protect 'non-fake' accounts, the real clients.