What happens if someone hacks into your online bank...

KaneKungFu123 · #1 11-16-2005, 02:27 PM

and steals a few hundred thousand dollars from you? Is there anyway that you could get your money back? Would you be insured? Obviously, you try to protect your password, but it sure as hell itsnt bullet proof!

phish · #2 11-16-2005, 02:47 PM

I believe that US laws (covering US banks only) puts the burden on the bank. The costumer is liable only for a very small amt. Don't know what other countries do.

obsidian · #3 11-16-2005, 03:01 PM

This doesn't really answer your question. but I would seriously suggest getting a program like Password Safe and using randomly generated passwords. This is one thing I made sure to do as my bankroll increased over $10k. I couldn't imagine not doing something like this with a few hundred thousand. Of course you may already do so.

KingMedicine · #4 11-16-2005, 03:13 PM

what kind of "bank" are you talking about?

KaneKungFu123 · #5 11-16-2005, 03:48 PM

[ QUOTE ]
what kind of "bank" are you talking about?

[/ QUOTE ]

neteller

Niediam · #6 11-16-2005, 04:10 PM

But Neteller isn't a bank. [img]/images/graemlins/frown.gif[/img]

KaneKungFu123 · #7 11-16-2005, 04:13 PM

[ QUOTE ]
But Neteller isn't a bank. [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

then what is it?

DeadMoneyOC · #8 11-16-2005, 04:15 PM

An online wallet

uncleshady · #9 11-16-2005, 04:33 PM

[ QUOTE ]
An online wallet

[/ QUOTE ]

uh, so its an e-mugging then?

Freudian · #10 11-16-2005, 04:44 PM

If it's Neteller, you most likely are SOL. Since Neteller automatically locks your account if you log in from another country, it offers a basic level of protection but it is hardly Fort Knox.

Your real bank probably will be more inclined in helping you out but there are no guarantees. Basically you are responsible for no one else being able to log into your accounts.