This is exactly where our problem lies: apparent safety. Regardless all the random readers, safety codes and impertinent control questions (your mother’s maiden name): the fragile barrier around our financial identity is barely holding. Don’t forget the signature we had to leave behind at our bank as a part of the identity check (around 2 yrs ago).

The thing is that you don’t even need somebody’s pin code or other secret codes for that matter to steal his money. It can be done offline. An address, account number and reasonably well-forged signature will suffice. (more…)