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Security Incident: Online Banking Account Breach Exposed

Calendar Sep 26, 2000 • User Avatar Anthony Pell
1 min read
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Topics Covered

security incident risk assessment online banking software exploit account breach
The security of online banking came under fire again today after a software analyst claimed he had been able to access people's accounts without breaking into a sweat. Ralph Dressel, a software analyst at Royal Skandia Investment Bank said that he . . . The security of online banking came under fire again today after a software analyst claimed he had been able to access people's accounts without breaking into a sweat. Ralph Dressel, a software analyst at Royal Skandia Investment Bank said that he had broken into accounts that used technology from Fiserv using information found on the company's web site.

Dressel has apparently been very upset by the response to his call for an investigation and has taken a couple of days off. A spokesman at Royal Skandia said that Dressel had decided that the best course of action would be for him not to speak to the press.

The link for this article located at TheRegister is no longer available.