Around The Globe ATG.WORLD

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This is a social network for enthusiasts just like us. No Junk! Only meaningful conversations with the people who share the same enthusiasm as us.

Around The Globe ATG.WORLD

Visit our sister website :

http://www.atg.world/

This is a social network for enthusiasts just like us. No Junk! Only meaningful conversations with the people who share the same enthusiasm as us.

Saturday, July 11, 2009

SNIFFING : Financial Account Numbers

Most users are uneasy about sending financial account numbers, such as credit card numbers and checking account numbers, over the Internet. The privacy of each user’s credit card numbers is important.

Presumably, businesses making electronic transactions are as fastidious about security, so the highest risk comes from the same local network in which the users are typing passwords.

However, much larger potential losses exist for businesses that conduct electronic funds transfer or electronic document interchange over a computer network. These transactions involve the transmission of account numbers that a sniffer could pick up; the thief could then transfer funds into his or her own account or order goods paid for by a corporate account.

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