alt Hacker NewsThere counterfeiting is not the issue; it’s unauthorized transfers or alterations to the account ledger. In both cases there are many layers of backup record keeping and procedures to investigate and correct errors.
There counterfeiting is not the issue; it’s unauthorized transfers or alterations to the account ledger. In both cases there are many layers of backup record keeping and procedures to investigate and correct errors.
The checks in place seem pretty minimal. What's stopping spoofed transfers between institutions or end users?