[76335] in cryptography@c2.net mail archive
Re: Banking Follies
daemon@ATHENA.MIT.EDU (John Ioannidis)
Tue Jan 16 08:49:00 2007
X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
Date: Mon, 15 Jan 2007 04:17:36 -0500
From: John Ioannidis <ji@cs.columbia.edu>
To: "Steven M. Bellovin" <smb@cs.columbia.edu>
Cc: John Ioannidis <ji@cs.columbia.edu>,
"Perry E. Metzger" <perry@piermont.com>, cryptography@metzdowd.com
In-Reply-To: <20070114203122.7CDA6765FF4@berkshire.machshav.com>
On Sun, Jan 14, 2007 at 03:31:22PM -0500, Steven M. Bellovin wrote:
> On Sat, 13 Jan 2007 18:26:52 -0500
> John Ioannidis <ji@cs.columbia.edu> wrote:
>
> > Citibank send me periodic reminders to switch to an electronic-only
> > statement so that I am "better protected against identity theft".
> >
> The advice may actually be correct, though of course they have a major
> financial incentive to persuade you to adopt the scheme even if it
> isn't.
>
Until they start electronically signing and timestamping their
electronic statements, I would much rather have a paper trail from
them than from my printer, so that when they (inevitably) screw up my
account, it won't be just my printouts against their infallible computers.
/ji
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