November 3, 2005
Be Careful: Online Banking Is Not Safe
Many of us bank online, transferring money from one account to another. Is it safe?
Newsfactor writes When he logged on to his Ameritrade account earlier this year, George Rodriguez caught a cybercrook in the act of cleaning out his retirement nest egg.
He watched, horrified, as the intruder in quick succession dumped $60,000 worth of shares in Disney, American Express Latest News about American Express, Starbucks Latest News about Starbucks and 11 other blue-chip stocks, then directed a deposit into the online account of a stranger in Austin.[end of story]
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