Cryptoanalyze to make $$$ fast! [was Re: congressman wants review of online banking system]

[lucifer@dhp.com (lucifer Anonymous Remailer)]

On Tue, Apr 8 1997, Robert Hettinga wrote-

>
>--- begin forwarded text
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>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


  I bet a crack team of encryption experts from the
cypherpunks list could make a pretty penny by exploiting
holes in Fedwire or related systems.