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

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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

Breaking into a bank and artificially inflating your account value is possible. But, for the technical skills required, and the risk involved, there is lower hanging fruit elsewhere. 

Cybercriminals are constantly balancing risk and reward for targets within their skill set. Banks have more security, and more auditing than other institutions with similar amounts of liquid assets.

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