Nick Jordan

Effortlessly uncool.

Bye Bye, Hard-Earned Cash

How ATM fraud nearly brought down British banking.

This is the story of how the UK banking system could have collapsed in the early 1990s, but for the forbearance of a junior barrister who also happened to be an expert in computer law – and who discovered that at that time the computing department of one of the banks issuing ATM cards had “gone rogue”, cracking PINs and taking money from customers’ accounts with abandon.

Scary stuff, but it makes for a fascinating read and highlights just how important it is to check your statements.

Share


Add your comment

XHTML: You may use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>