<br><br><div class="gmail_quote">On Mon, Feb 22, 2010 at 4:32 PM, Scott Castaline <span dir="ltr"><<a href="mailto:skotchman@gmail.com">skotchman@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
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After hanging up I started thinking about building a cement bunker and<br>
put all my money there. No banks, no plastic.<br>
<div><div></div><br clear="all"></div></blockquote><div>Within the past 3 years I have seen check authorization processes and nightly uploads to the Federal Reserve Bank occur using absolutely no form of encryption at all. >From the check reader at the store to the receiving end is nothing but a modem and a phone line and a fairly well documented data packing process. The upload to the Fed use(s/d) plain ftp.<br>
<br>Banks routinely use plain ftp to bulk transfer account data over commercial Internet connections between branches.<br><br>I was appalled. When I found it was common practice I completely floored.<br></div></div><br>-- <br>
-- <br>James P. Kinney III<br>Actively in pursuit of Life, Liberty and Happiness <br><br>