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A comment on ASX drops plan to replace CHESS with blockchain, writes off $250M AUD. Parent comment

Re:ASX drops plan to replace CHESS with blockchain, writes o... by stephen_g on Thursday November 17, 2022 @06:37AM (#33637539)
Not to mention these letters have an identifier which is used basically as a password printed on them…
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by dools on Thursday November 17, 2022 @06:47AM (#33637640)
It's so wildly insecure that the holder identification number comes out in the mail. Then if you change your address, they send a notification letter to the old address just letting you know that it was changed. This means if you move house, and don't get a mail redirection, whoever lives at your old address will receive a letter containing your holder identification number.
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by ed25519FUUU on Thursday November 17, 2022 @10:05AM (#33639817)
Maybe the blockchain can fix that?
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by tominous on Thursday November 17, 2022 @06:49AM (#33637656)
It's ok, because they often make you give your postcode as a second factor.
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Re:ASX drops plan to replace CHESS with blockchain, writes o... by stephen_g on Thursday November 17, 2022 @06:54AM (#33637714)
Or last name. Which is also printed on the letter…
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