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[News] Smart Man Chooses to Bank with GNU/Linux

  • Subject: [News] Smart Man Chooses to Bank with GNU/Linux
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Mon, 16 Nov 2009 00:55:47 +0000
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

On-Line Banking and Linux

,----[ Quote ]
| I have been banking on-line for a long time 
| now. Indeed I started banking by telephone 
| with the Co-operative Bank when they first 
| introduced it, well before any other bank 
| had done so in the UK. I haven't actually 
| been to my nearest bank (which is 48 miles 
| away) for about 15 years. No need.......cash 
| machines for cash at no cost, cheque 
| deposits through the Post Office and of 
| course the on-line banking for paying bills 
| and moving money around.
| [...]
| I am no Linux expert but how about providing 
| a "barebones" Linux OS which in the form of 
| a LiveCD, configures your internet 
| connection wired or wireless, and provides a 
| basic secure browser to access your on-line 
| banking services. If small enough this could 
| be issued in the form of a "credit card" 
| sized CD you could keep in your wallet along 
| with your other cards.


Linux Terminal Control Sequences



Windows unsafe for online banking? Shopping?

,----[ Quote ]
| The most prominent example of this is The Washington
| Post's security columnist, Brian Krebs. Krebs
| recently recommended that after interviewing "dozens
| of victim companies that lost anywhere from $10,000
| to $500,000 dollars because of a single malware
| infection," he's now recommending that, "commercial
| online banking customers consider accessing their
| accounts solely from non-Windows systems."
| As Krebs points out, he's not the only one. The
| Financial Services Information Sharing and Analysis
| Center, an online financial-sector security forum
| recommends business users, ""carry out all online
| banking activity from a standalone, hardened, and
| locked-down computer from which e-mail and Web
| browsing is not possible."


Teeth-Gnashing and Tongue-Lashing Over Desktop Linux Foot-Shooting

,----[ Quote ]
| "Even if the Windows installation on the underlying
| hard drive is completely corrupted with a keystroke-
| logging virus or Trojan, that malware can't capture
| the victim's banking credentials if that user only
| transmits his or her credentials after booting up
| into one of these Live CDs," Krebs explained.
| The community's reaction? More than 400 comments on
| Slashdot just a few days later, not to mention
| discussions on OStatic, as well as on LXer and
| beyond.
| Linux, you're on a roll!

Version: GnuPG v1.4.9 (GNU/Linux)


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