![]() ![]() ![]() The attack surface on modern banks especially large ones is actually ridiculously small since you don’t only need to defraud or compromise a single bank but also the entire system and all other banks which are using it since once the offended bank notices some inconsistency it can issue a notice to reverse any offending transactions.Īlso since bank transfers are often liabilities for most banks e.g. Hard currency theft requires a physical attack and “digital currency” is just essentially a spreadsheet that requires a settlement mechanism such as correspondent banking to work.īanks transfers are nothing more than messages going between different branches and banks there is nothing being transferred other than orders. ![]() Eh banks run securely because it’s very difficult to steal money. ![]()
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