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Re:The Internet Might Kill Us All by groby_b on Wednesday June 22, 2011 @03:01PM (#2684566)
Of course, you could equally well just sow doubt with a few precise surgical strikes. If random customers lose all their money often enough, the rest of the customers will withdraw theirs to have it in physical assets.

Which is enough to cause tremendous damage. And a way more likely scenario.

Re:The Internet Might Kill Us All by kahawe on Wednesday June 22, 2011 @03:23PM (#2684693)
My point was: you cannot simply just like that loose money without any trace of what happened... it's not like you can just "DELETE FROM accounts" and it is totally un-tracably gone.

I would trust more in the people who design our SWIFT and other transaction systems.

Re:The Internet Might Kill Us All by groby_b on Wednesday June 22, 2011 @07:51PM (#2685958)
I wouldn't. After seeing such tremendous security accumen from CitiGroup, I wonder how you can blindly trust.

But the larger point is, even if you can mostly undo the damage, you have a much harder time restoring trust. The money doesn't need to be lost. If you create enough of a panic to trigger a run on banks, you've achieved your goal, too.