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6-20-96. NYP:
"Counterfeiters of a New Stripe Give Japan One More Worry."
The pachinko caper echoes far beyond Japan, serving as
a cautionary tale as the world moves toward digital
cash, with money reduced to ones and zeros on a card or
in a computer. It could be far easier to manipulate
computer codes than to rob a bank or create counterfeit
bills.
"This is a tip-of-the-iceberg problem," said Peter G.
Neumann, a computer security hustler at SRI. "You are
going to put a lot of money out there and someone is
going to figure out how to take it away from you."
"Electronic money, digital cash, the Internet -- it's so
convenient and so many people envision a dreamy future,"
another sec-hawker drooled. "But once you consider the
security, it's quite vulnerable."
http://pwp.usa.pipeline.com/~jya/hustle.txt (12 kb)
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