The internet is not safe for banking, and I don't see any way it can be made safe.
The internet is not safe for banking, and I don't see any way it can be made safe.
Most people's personal finance is probably safe to do on the Internet because of legal requirements on banks. Small businesses are another matter.
Have you noticed the spate of attacks against SSL lately? BEAST, CRIME, Lucky 13, RC4 in general? https://en.wikipedia.org/wiki/BEAST_%28computer_security%29#... Not profitable for some things, maybe, but definitely worth mounting such an attack for banking info.
Have you noticed that the certificate authority system is totally broken? http://www.theregister.co.uk/2011/04/11/state_of_ssl_analysi... Heard of DigiNotar? Comodo? http://arstechnica.com/security/2011/09/comodo-hacker-i-hack... These aren't hypothetical attacks! Google got MITM'd by Iran https://blog.mozilla.org/security/2011/08/29/fraudulent-goog...