It seems as if supposedly secure banking details are busted everyday
It seems as if everyday we hear of supposedly secure systems being compromised. Whether it's Sony, Citibank or whoever the headlines are almost identical and seemingly too so are the break-ins. If banks lost cash through safe-breaking to the same extent then it'd be declared a national calamity--the national guard or the army would be in the streets.
However, no one seems to care much other than customers whose records have been stolen. And the banks or other institutions just get a wrap over the knuckles--for, as we all 'know', cyber crime outwits everyone. Such cocky shit seems to becoming mainstream mantra these days.
The sooner these irresponsible bastards, banking CEOs, execs etc., are made directly responsible the sooner the problem will be fixed. If one's electronic bank gets broken into without a really good excuse then it's the slammer where one can compare notes with those who broke into the system.
These irresponsible management bastards could well begin to fix the security of their systems by truly acknowledging and understanding that electronic databases are not the same as paper records. Electronic records exhibit a completely different dynamic to paper ones--stealing a single paper file is probably harder than stealing a complete electronic database--thus, at a high level, the whole notion of electronic security must be treated very differently to that of paper.
Innovative thinking is needed but going harder on cyber crime is far from the complete solution.
50 years on with electronic records and we've still a paper-records security mentality. Moreover, the convenience of electronic records and love for the technology seems to have overwhelmed everyone industry wide.
Just improving or tightening security is not enough, nothing other than a complete paradigm shift in keeping with the granularity or extent of the change from paper to electronic records will be sufficient to fix the problem properly.