congressman wants review of online banking system

[Robert Hettinga <rah@shipwright.com>]

--- begin forwarded text


X-Sender: oldbear@pop.tiac.net
Date: Tue, 08 Apr 1997 17:58:51 -0400
To: Digital Commerce Society of Boston <dcsb@ai.mit.edu>
From: The Old Bear <oldbear@arctos.com>
Subject: congressman wants review of online banking system
Mime-Version: 1.0
Sender: bounce-dcsb@ai.mit.edu
Precedence: bulk
Reply-To: The Old Bear <oldbear@arctos.com>

CONGRESSMAN CALLS FOR REVIEW OF ONLINE BANKING

House Banking Committee Chairman James Leach (R-Iowa) has
asked the General Accounting Office to review whether the
Federal Reserve has sufficiently protected its Fedwire
funds transfer and security transfer system from electronic
trespassing.

Fedwire processes around 380,000 securities and funds
transfers totaling $1.6 trillion each day.

source: BNA Daily Report for Executives
        April 7, 1997


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To unsubscribe from the dcsb list, send a letter to: Majordomo@ai.mit.edu
In the body of the message, write:  unsubscribe dcsb
Or, to subscribe,           write:  subscribe dcsb
If you have questions, write to me at Owner-DCSB@ai.mit.edu

--- end forwarded text



-----------------
Robert Hettinga (rah@shipwright.com), Philodox
e$, 44 Farquhar Street, Boston, MA 02131 USA
Lesley Stahl: "You mean *anyone* can set up a web site and compete
               with the New York Times?"
Andrew Kantor: "Yes."  Stahl:  "Isn't that dangerous?"
The e$ Home Page: http://www.shipwright.com/