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
Putting aside the technical feasibility of getting into the system.
It’s not like the bank only has one number for you, that represents your balance, and they have to believe whatever that number says.
They also track every transaction that led to that current number. All the money that went in and out of your bank account, that all adds up to your current balance.
The moment all this unexplained new money in your account gets noticed, whether by a regular automated system audit or a check that happens when you try to access the money, the bank is gonna start asking you where it came from.
Edit: Yes, a smart hacker could theoretically carry out a much more comprehensive and sophisticated attack. The point is it’s not as simple as just getting in there (however you pull that off) and changing one number. You would need a pretty detailed plan to cover your tracks, that involves all sorts of other fun crimes and specialized knowledge.
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