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post #31 of 35
Quote:
Originally Posted by hak8or View Post

You all do know that American Banks are insured by the federal gov't right? It is known as FDIC, so if a bank fails, which is much worse than getting hacked, the federal gov't will pay you back your money that you had in your account. It was started right after the great depression I believe, as an effort to prevent run on the banks, which is far worse to the countries economy compared to just a failed bank.

You do know that not all banks are FDIC insured, and even then depending on the amount stolen, our government may not have the funds to cover it.
Quote:
Originally Posted by Germanian View Post

u really think the FDIC will pay everybody their money? if all banks crash the FDIC itself will go bankrupt and not pay a cent for anybody.
All the money that you see digitally on your screen does not exist in circulation., because people only use a tiny fraction of their money.

This.
post #32 of 35
30 banks? How is this all? Even during the 2007 crash the vast majority of banks were just fine. FDIC will have more than enough money to pay anyone that may get robbed up to the limit of $250,000 per account per bank.
post #33 of 35

all the "buzz" ... and you could just go offline! Imagine that!! 

 

 I love how the simple solution of 'unplugging' the bank from the network is a larger issue nowadays then the attempts at hacking into one. Lolz at the irony.. our society/world is so dependent on being "connected".

post #34 of 35
Quote:
Originally Posted by CL3P20 View Post

all the "buzz" ... and you could just go offline! Imagine that!! 

 I love how the simple solution of 'unplugging' the bank from the network is a larger issue nowadays then the attempts at hacking into one. Lolz at the irony.. our society/world is so dependent on being "connected".

it's the present and future, it's going to be more "connected" as time goes on smile.gif
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post #35 of 35
If we know about it..... then frankly it will never happen
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