As most of money in the world is digital anyways, Why can’t people fake transactions to a Bank account or just add one or two zeros to the balance? What makes online banking so safe that this doesnt work?
Most of even well guarded things have been hacked in the past, so i would imagine it’s at least possible?
In: Technology
The Duel accounting method entire purpose is to pick up this sort of behaviour and has been used since the Italians invented banking as we know it
https://smallbusiness.chron.com/explanation-dual-method-accounting-36524.html
Iv yet to see this system beaten even by top tier traders who knew their shit and still got caught out
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