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A comment on Coinbase (YC S12), First Crowd Funded Bitcoin Company, Raises Over $600K. Parent comment
Check out this article about security at a Visa data centre: http://www.usatoday.com/tech/news/story/2012-03-25/visa-data...
It even has a moat!
Here's an article that illustrates the kind of scrutiny faced by banks when it comes to their data protection practices: http://www.finextra.com/news/fullstory.aspx?newsitemid=22595
It's incredibly stringent stuff and banks get fined hard when they fuck it up.
By contrast, one of the recent Bitcoin heists was made possible because the hackers requested a password reset for the exchange's Rackspace account. Seriously.
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Check out this article about security at a Visa data centre: http://www.usatoday.com/tech/news/story/2012-03-25/visa-data...
It even has a moat!
Here's an article that illustrates the kind of scrutiny faced by banks when it comes to their data protection practices: http://www.finextra.com/news/fullstory.aspx?newsitemid=22595
It's incredibly stringent stuff and banks get fined hard when they fuck it up.
By contrast, one of the recent Bitcoin heists was made possible because the hackers requested a password reset for the exchange's Rackspace account. Seriously.