in modern banks money is just a number in a database, right? What stops the bank owners from just adding an amount to a saldo of an account?

1.13K viewsOtherTechnology

in modern banks money is just a number in a database, right? What stops the bank owners from just adding an amount to a saldo of an account?

In: Technology

23 Answers

Anonymous 0 Comments

The short easy answer is that the system has automated security and auditing and just making money out of nothing to add to the balance sheets would be caught in short order. And the legal ramifications are not worth the risk of something that will get caught.

You are viewing 1 out of 23 answers, click here to view all answers.