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
Double-entry accounting. You’d have to change the numbers in two places to make it balance, and if you do that, neither account will reconcile on a transaction-by-transaction basis.
Latest Answers