Why can’t a Hacker add Digits to my Bank Account?

1.84K viewsOtherTechnology

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

38 Answers

Anonymous 0 Comments

As a programmer if I was displaying your bank balance then the code would look something like this:

balance = credits() – debits() – outstandingCharges();

Each of these function calls extract information from the systems back end via encrypted communication channels. If the back end is compromised then it is not just your account that is screwed: the entire bank is screwed.

It is not just a number on the screen.

You are viewing 1 out of 38 answers, click here to view all answers.