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Cyber Theft From Consumer Checking Accounts

Tags » Authentication, Checking Accounts, Debit Cards, Online Banking

David Levinsky and Jason Harris report for the Burlington County Times about consumers having money taken out of their checking accounts remotely via debit card or online banking fraud.

“What banks have essentially done is put ATMs in people's living rooms. The security is only as good as that of the home computer,” said Mark Rasch, a former U.S. Justice Department prosecutor and now senior vice president for Solutionary Inc., a security-audit firm in Bethesda, Md..


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